Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

British Pound/Indian Rupee (FOREX:GBPINR)

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.

FOREX_GBPINR
Open High Low GBPINR Price Change
96.6715 96.8930 96.5005 96.5505 -0.1210
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 up The intermediate term trend has been UP since Aug 23rd, 2018 at 90.4630

short term down The short term trend has been DOWN since Oct 14th, 2018 at 96.7455

Smart Scan Analysis for GBPINR

Based on a pre-defined weighted trend formula for chart analysis, GBPINR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for GBPINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
96.6715 96.8930 96.5005 96.5505 -0.1210
Prev. Close Volume Bid Ask Time
96.6715 96.5440 96.5570 2018-10-17 06:38:23
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