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Forex Trend Analysis Report

Prepared for you on Tuesday, September 26, 2023.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Sidelines Mode (+55) - SCRGBP 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 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.

FOREX_SCRGBP
Open High Low SCRGBP Price Change
0.06059053 0.06323994 0.06059053 0.06323994 +0.00264900
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term down The long-term trend has been DOWN since May 5th, 2023 at 0.05707857

intermediate term up The intermediate-term trend has been UP since Aug 2nd, 2023 at 0.06016068

short term down The short-term trend has been DOWN since Sep 25th, 2023 at 0.05987005

Smart Scan Analysis for SCRGBP

Based on our trend formula, SCRGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06059053 0.06323994 0.06059053 0.06323994 +0.00264900
Prev. Close Volume Bid Ask Time
0.06059053 2023-09-26 06:03:33
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