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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.

FOREX_SCRGBP
Open High Low SCRGBP Price Change
0.06409974 0.06483863 0.05791028 0.06309810 -0.00100200
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 Jul 27th, 2022 at 0.05826554

short term up 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).

+75
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06409974 0.06483863 0.05791028 0.06309810 -0.00100200
Prev. Close Volume Bid Ask Time
0.06409974 2022-08-16 20:42:34
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