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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

British Pound/Seychelles Rupee (FOREX:GBPSCR)

Bear Market Rally (-75) - GBPSCR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPSCR as it may be in the beginning 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.

FOREX_GBPSCR
Open High Low GBPSCR Price Change
17.008132 17.109916 16.982512 17.057315 +0.049183
Entry Signal

MarketClub’s Trade Triangles for GBPSCR

long term down The long-term trend has been DOWN since Jan 3rd, 2020 at 16.659000

intermediate term down The intermediate-term trend has been DOWN since Jan 31st, 2020 at 17.677453

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 16.683879

Smart Scan Analysis for GBPSCR

Based on our trend formula, GBPSCR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for GBPSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.008132 17.109916 16.982512 17.057315 +0.049183
Prev. Close Volume Bid Ask Time
17.008132 15.922808 18.191822 2020-04-01 14:25:10
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