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Forex Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

British Pound/Seychelles Rupee (FOREX:GBPSCR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
17.675011 17.766266 17.675011 17.764493 +0.089482
Entry Signal

MarketClub’s Trade Triangles for GBPSCR

long term up The long term trend has been UP since Oct 16th, 2019 at 17.559000

intermediate term down The intermediate term trend has been DOWN since Nov 4th, 2019 at 16.994557

short term up The short term trend has been UP since Nov 18th, 2019 at 17.667366

Smart Scan Analysis for GBPSCR

Based on a pre-defined weighted trend formula for chart analysis, GBPSCR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for GBPSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.675011 17.766266 17.675011 17.764493 +0.089482
Prev. Close Volume Bid Ask Time
17.675011 16.594622 18.934364 2019-11-18 11:14:18
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