Forex Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Seychelles Rupee/British Pound (FOREX:SCRGBP)
Weak Downtrend (-65) - SCRGBP is showing signs of a strengthening downtrend. Monitor SCRGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SCRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCRGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SCRGBP
The long-term trend has been DOWN since Apr 9th, 2020 at 0.05384118
The intermediate-term trend has been UP since May 13th, 2020 at 0.05329288
The short-term trend has been DOWN since May 26th, 2020 at 0.04665239
Smart Scan Analysis for SCRGBP
Based on our trend formula, SCRGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).