Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
British Pound/Seychelles Rupee (FOREX:GBPSCR)
Bull Market Weakness (+75) - GBPSCR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPSCR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPSCR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSCR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPSCR
The long-term trend has been UP since Apr 9th, 2020 at 18.649143
The intermediate-term trend has been UP since Feb 15th, 2021 at 29.486185
The short-term trend has been DOWN since Feb 25th, 2021 at 29.006547
Smart Scan Analysis for GBPSCR
Based on our trend formula, GBPSCR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).