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Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
British Pound/Seychelles Rupee (FOREX:GBPSCR)
Bear Market Rally (-75) - GBPSCR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPSCR as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for GBPSCR
The long-term trend has been DOWN since Apr 1st, 2021 at 27.952185
The intermediate-term trend has been UP since Oct 15th, 2021 at 20.352198
The short-term trend has been DOWN since Oct 19th, 2021 at 17.780659
Smart Scan Analysis for GBPSCR
Based on our trend formula, GBPSCR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.657482 | 18.810795 | 18.436631 | 18.436631 | -0.220851 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.657482 | 2021-10-20 05:46:26 |