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Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_SCRGBP
Open High Low SCRGBP Price Change
0.056043 0.056080 0.055808 0.055929 -0.000114
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term down The long term trend has been DOWN since Sep 27th, 2018 at 0.054781

intermediate term down The intermediate term trend has been DOWN since Aug 29th, 2018 at 0.056655

short term up The short term trend has been UP since Oct 15th, 2018 at 0.056054

Smart Scan Analysis for SCRGBP

Based on a pre-defined weighted trend formula for chart analysis, SCRGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.056043 0.056080 0.055808 0.055929 -0.000114
Prev. Close Volume Bid Ask Time
0.056043 0.052380 0.059478 2018-10-16 23:08:53
Want to analyze Seychelles Rupee/British Pound SCRGBP or another symbol? Try our Free Forex Trend Analysis Report.