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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Indian Rupee/British Pound (FOREX:INRGBP)
Bull Market Weakness (+75) - INRGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid INRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for INRGBP
The long-term trend has been UP since Apr 12th, 2024 at 0.00961780
The intermediate-term trend has been UP since Apr 1st, 2024 at 0.00952597
The short-term trend has been UP since May 7th, 2024 at 0.00956874
Smart Scan Analysis for INRGBP
Based on our trend formula, INRGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00958735 | 0.00962082 | 0.00956844 | 0.00956964 | -0.00001800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00958735 | 2024-05-09 13:28:52 |