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Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

British Pound/Seychelles Rupee (FOREX:GBPSCR)

Weak Downtrend (-65) - GBPSCR is showing signs of a strengthening downtrend. Monitor GBPSCR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid GBPSCR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSCR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPSCR
Open High Low GBPSCR Price Change
16.923957 17.166067 15.622061 15.893110 -1.030847
Entry Signal

MarketClub’s Trade Triangles for GBPSCR

long term up The long-term trend has been UP since Dec 1st, 2022 at 17.394441

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2023 at 15.700851

short term down The short-term trend has been DOWN since Jan 23rd, 2023 at 16.377798

Smart Scan Analysis for GBPSCR

Based on our trend formula, GBPSCR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.923957 17.166067 15.622061 15.893110 -1.030847
Prev. Close Volume Bid Ask Time
16.923957 2023-02-07 20:28:28
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