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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

British Pound/Seychelles Rupee (FOREX:GBPSCR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPSCR
Open High Low GBPSCR Price Change
17.8380 17.8415 17.8240 17.8240 -0.0140
Entry Signal

MarketClub’s Trade Triangles for GBPSCR

long term down The long term trend has been DOWN since Dec 4th, 2018 at 17.3035

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 17.5255

short term up The short term trend has been UP since Feb 18th, 2019 at 17.6755

Smart Scan Analysis for GBPSCR

Based on a pre-defined weighted trend formula for chart analysis, GBPSCR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for GBPSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.8380 17.8415 17.8240 17.8240 -0.0140
Prev. Close Volume Bid Ask Time
17.8380 16.6740 18.9740 2019-02-20 04:03:22
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