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Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Crossroads (+60) - SCRGBP is struggling to move into a solid trend. Beware of choppy markets 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
0.05849595 0.06290597 0.05805204 0.06284803 +0.00435200
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term up The long-term trend has been UP since Mar 1st, 2023 at 0.06657227

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2023 at 0.05856259

short term down The short-term trend has been DOWN since Mar 23rd, 2023 at 0.05812279

Smart Scan Analysis for SCRGBP

Based on our trend formula, SCRGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05849595 0.06290597 0.05805204 0.06284803 +0.00435200
Prev. Close Volume Bid Ask Time
0.05849595 2023-03-24 16:43:32
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