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Forex Trend Analysis Report

Prepared for you on Saturday, October 19, 2019.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.05724877 0.05752772 0.05657893 0.05703733 -0.00021100
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term down The long term trend has been DOWN since Oct 16th, 2019 at 0.057188

intermediate term down The intermediate term trend has been DOWN since Oct 16th, 2019 at 0.057897

short term down The short term trend has been DOWN since Oct 11th, 2019 at 0.059603

Smart Scan Analysis for SCRGBP

Based on a pre-defined weighted trend formula for chart analysis, SCRGBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05724877 0.05752772 0.05657893 0.05703733 -0.00021100
Prev. Close Volume Bid Ask Time
0.05724877 0.05329620 0.06077846 2019-10-17 22:55:42
Want to analyze Seychelles Rupee/British Pound SCRGBP or another symbol? Try our Free Forex Trend Analysis Report.