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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

British Pound/Seychelles Rupee (FOREX:GBPSCR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPSCR
Open High Low GBPSCR Price Change
17.829212 17.896531 17.813984 17.869335 +0.040123
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 Dec 16th, 2019 at 17.496398

short term up The short term trend has been UP since Jan 17th, 2020 at 17.919177

Smart Scan Analysis for GBPSCR

Based on a pre-defined weighted trend formula for chart analysis, GBPSCR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for GBPSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.829212 17.896531 17.813984 17.869335 +0.040123
Prev. Close Volume Bid Ask Time
17.829212 16.692172 19.046498 2020-01-21 21:58:55
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