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Forex Trend Analysis Report

Prepared for you on Wednesday, February 24, 2021.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Countertrend Down (-85) - SCRGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
0.03336304 0.03351401 0.03327913 0.03338552 +0.00002200
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term down The long-term trend has been DOWN since Apr 9th, 2020 at 0.05384118

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.03396503

short term up The short-term trend has been UP since Feb 22nd, 2021 at 0.03440273

Smart Scan Analysis for SCRGBP

Based on our trend formula, SCRGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03336304 0.03351401 0.03327913 0.03338552 +0.00002200
Prev. Close Volume Bid Ask Time
0.03336304 2021-02-24 18:49:00
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