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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Sidelines Mode (-55) - SCRGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.05497584 0.05497584 0.05497584 0.05497584 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term up The long-term trend has been UP since Sep 25th, 2024 at 0.05974422

intermediate term down The intermediate-term trend has been DOWN since Dec 10th, 2024 at 0.05220390

short term up The short-term trend has been UP since Dec 18th, 2024 at 0.05706704

Smart Scan Analysis for SCRGBP

Based on our trend formula, SCRGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05497584 0.05497584 0.05497584 0.05497584 0.00000000
Prev. Close Volume Bid Ask Time
0.05497584 2024-12-25 04:48:05
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