Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Seychelles Rupee/British Pound (FOREX:SCRGBP)
Bull Market Weakness (+75) - SCRGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SCRGBP as it may be in the beginning stages of a reversal.
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 UP since Apr 1st, 2021 at 0.03583716
The intermediate-term trend has been DOWN since Jul 27th, 2022 at 0.05826554
The short-term trend has been UP since Aug 16th, 2022 at 0.06483426
Smart Scan Analysis for SCRGBP
Based on our trend formula, SCRGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).