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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

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
0.05196478 0.05327432 0.04887751 0.05309679 +0.00113200
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term up The long-term trend has been UP since Apr 1st, 2021 at 0.03583716

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2021 at 0.04929736

short term up The short-term trend has been UP since Oct 19th, 2021 at 0.05648909

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
0.05196478 0.05327432 0.04887751 0.05309679 +0.00113200
Prev. Close Volume Bid Ask Time
0.05196478 2021-10-25 14:57:37
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