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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.

FOREX_SCRGBP
Open High Low SCRGBP Price Change
0.04623399 0.04636428 0.04581640 0.04624282 +0.00000900
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term down The long-term trend has been DOWN since Apr 9th, 2020 at 0.05384118

intermediate term up The intermediate-term trend has been UP since May 13th, 2020 at 0.05329288

short term down 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).

-65
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04623399 0.04636428 0.04581640 0.04624282 +0.00000900
Prev. Close Volume Bid Ask Time
0.04623399 0.04387419 0.04861146 2020-05-29 17:09:03
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