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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Strong Downtrend (-100) - SCRGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SCRGBP continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SCRGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SCRGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SCRGBP
Open High Low SCRGBP Price Change
0.05537157 0.05537157 0.05537157 0.05537157 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 0.05551410

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2024 at 0.05566271

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 0.05578714

Smart Scan Analysis for SCRGBP

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

-100
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05537157 0.05537157 0.05537157 0.05537157 0.00000000
Prev. Close Volume Bid Ask Time
0.05537157 2024-04-26 00:52:33
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