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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.

FOREX_GBPSCR
Open High Low GBPSCR Price Change
23.286667 23.329585 23.168808 23.323919 +0.037252
Entry Signal

MarketClub’s Trade Triangles for GBPSCR

long term up The long-term trend has been UP since Apr 9th, 2020 at 18.649143

intermediate term up The intermediate-term trend has been UP since Jun 24th, 2020 at 22.595611

short term down 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).

+85
Smart Scan Analysis for GBPSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.286667 23.329585 23.168808 23.323919 +0.037252
Prev. Close Volume Bid Ask Time
23.286667 22.216315 24.431522 2020-08-04 21:28:42
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