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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Seychelles Rupee/British Pound (FOREX:SCRGBP)

Weak Downtrend (-65) - SCRGBP is showing signs of a strengthening downtrend. Monitor SCRGBP as it may be building momentum to the downside.

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
0.05881168 0.05881168 0.05667067 0.05667067 -0.00214100
Entry Signal

MarketClub’s Trade Triangles for SCRGBP

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 0.05551410

intermediate term down The intermediate-term trend has been DOWN since Jul 10th, 2024 at 0.05254006

short term up The short-term trend has been UP since Jul 25th, 2024 at 0.05740176

Smart Scan Analysis for SCRGBP

Based on our trend formula, SCRGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SCRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05881168 0.05881168 0.05667067 0.05667067 -0.00214100
Prev. Close Volume Bid Ask Time
0.05881168 2024-07-26 08:52:42
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