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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_SCRGBP
Open High Low SCRGBP Price Change
0.05571805 0.05618682 0.05569988 0.05581293 +0.00009500
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term down The long term trend has been DOWN since Oct 16th, 2019 at 0.05718800

intermediate term up The intermediate term trend has been UP since Nov 5th, 2019 at 0.06023260

short term down The short term trend has been DOWN since Nov 28th, 2019 at 0.05678481

Smart Scan Analysis for SCRGBP

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

-75
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05571805 0.05618682 0.05569988 0.05581293 +0.00009500
Prev. Close Volume Bid Ask Time
0.05571805 0.05212964 0.05949622 2019-12-06 16:43:58
Want to analyze Seychelles Rupee/British Pound SCRGBP or another symbol? Try our Free Forex Trend Analysis Report.