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Forex Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Countertrend Up (+85) - SCRGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.05590480 0.05763715 0.05103316 0.05140905 -0.00449600
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term up The long-term trend has been UP since Apr 1st, 2021 at 0.03583716

intermediate term up The intermediate-term trend has been UP since Jan 24th, 2022 at 0.05742351

short term up The short-term trend has been UP since Jan 13th, 2022 at 0.05442288

Smart Scan Analysis for SCRGBP

Based on our trend formula, SCRGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05590480 0.05763715 0.05103316 0.05140905 -0.00449600
Prev. Close Volume Bid Ask Time
0.05590480 2022-01-26 18:00:48
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