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.
MarketClub’s Trade Triangles for SCRGBP
The long term trend has been UP since Dec 4th, 2018 at 0.058036
The intermediate term trend has been UP since Feb 14th, 2019 at 0.057299
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).