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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Bull Market Weakness (+75) - SCRGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SCRGBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SCRGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SCRGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SCRGBP
Open High Low SCRGBP Price Change
0.05922414 0.05957022 0.05635693 0.05933234 +0.00010800
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 0.05551410

intermediate term up The intermediate-term trend has been UP since Apr 4th, 2024 at 0.05910592

short term up The short-term trend has been UP since Apr 23rd, 2024 at 0.05975392

Smart Scan Analysis for SCRGBP

Based on our trend formula, SCRGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05922414 0.05957022 0.05635693 0.05933234 +0.00010800
Prev. Close Volume Bid Ask Time
0.05922414 2024-04-24 19:52:24
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