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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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
0.056955 0.057000 0.056824 0.056872 -0.000083
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term up The long term trend has been UP since Dec 4th, 2018 at 0.058036

intermediate term up The intermediate term trend has been UP since Feb 14th, 2019 at 0.057299

short term down The short term trend has been DOWN since Feb 18th, 2019 at 0.056812

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
0.056955 0.057000 0.056824 0.056872 -0.000083
Prev. Close Volume Bid Ask Time
0.056955 0.053191 0.060553 2019-02-19 07:10:13
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