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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
0.058576 0.058637 0.058576 0.058637 +0.000061
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term up The long term trend has been UP since May 17th, 2019 at 0.057519

intermediate term up The intermediate term trend has been UP since Jun 17th, 2019 at 0.058608

short term down The short term trend has been DOWN since Jul 18th, 2019 at 0.058307

Smart Scan Analysis for SCRGBP

Based on a pre-defined weighted trend formula for chart analysis, SCRGBP scored +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
0.058576 0.058637 0.058576 0.058637 +0.000061
Prev. Close Volume Bid Ask Time
0.058576 0.054825 0.062449 2019-07-19 02:09:31
Want to analyze Seychelles Rupee/British Pound SCRGBP or another symbol? Try our Free Forex Trend Analysis Report.