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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Seychelles Rupee (FOREX:GBPSCR)
Sidelines Mode (+55) - GBPSCR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for GBPSCR
The long-term trend has been DOWN since Sep 25th, 2024 at 16.826669
The intermediate-term trend has been UP since Oct 14th, 2024 at 18.662471
The short-term trend has been DOWN since Nov 18th, 2024 at 17.207366
Smart Scan Analysis for GBPSCR
Based on our trend formula, GBPSCR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.859368 | 17.870107 | 17.859368 | 17.870107 | +0.010739 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.859368 | 2024-11-20 01:51:23 |