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.
MarketClub’s Trade Triangles for GBPSCR
The long term trend has been UP since Oct 16th, 2019 at 17.559000
The intermediate term trend has been DOWN since Nov 4th, 2019 at 16.994557
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).