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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

British Pound/Seychelles Rupee (FOREX:GBPSCR)

Countertrend Up (+85) - GBPSCR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
17.079841 17.079841 17.077941 17.077941 -0.001900
Entry Signal

MarketClub’s Trade Triangles for GBPSCR

long term up The long-term trend has been UP since Nov 14th, 2023 at 18.088891

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2024 at 18.291165

short term up The short-term trend has been UP since Mar 15th, 2024 at 18.218856

Smart Scan Analysis for GBPSCR

Based on our trend formula, GBPSCR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.079841 17.079841 17.077941 17.077941 -0.001900
Prev. Close Volume Bid Ask Time
17.079841 2024-03-29 03:30:08
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