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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

British Pound/Indian Rupee (FOREX:GBPINR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

Open High Low GBPINR Price Change
90.2375 90.2375 89.9425 89.9425 -0.2950
Entry Signal

MarketClub’s Trade Triangles for GBPINR

long term up The long term trend has been UP since Aug 30th, 2018 at 92.6660

intermediate term down The intermediate term trend has been DOWN since Oct 24th, 2018 at 94.4825

short term down The short term trend has been DOWN since Dec 12th, 2018 at 90.1355

Smart Scan Analysis for GBPINR

Based on a pre-defined weighted trend formula for chart analysis, GBPINR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
90.2375 90.2375 89.9425 89.9425 -0.2950
Prev. Close Volume Bid Ask Time
90.2375 89.9330 89.9520 2018-12-12 03:32:46
Want to analyze British Pound/Indian Rupee GBPINR or another symbol? Try our Free Forex Trend Analysis Report.