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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

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
19.956146 20.417236 17.906795 17.906795 -2.049351
Entry Signal

MarketClub’s Trade Triangles for GBPSCR

long term down The long-term trend has been DOWN since Apr 1st, 2021 at 27.952185

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 20.352198

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 17.784275

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).

-75
Smart Scan Analysis for GBPSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.956146 20.417236 17.906795 17.906795 -2.049351
Prev. Close Volume Bid Ask Time
19.956146 2021-10-18 22:55:15
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