Forex Trend Analysis Report
Prepared for you on Tuesday, August 4, 2020.
British Pound/Seychelles Rupee (FOREX:GBPSCR)
Countertrend Up (+85) - GBPSCR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Jun 24th, 2020 at 22.595611
The short-term trend has been DOWN since Jul 29th, 2020 at 22.583726
Smart Scan Analysis for GBPSCR
Based on our trend formula, GBPSCR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).