Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Indian Rupee/British Pound (FOREX:INRGBP)
Countertrend Down (-85) - INRGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Dec 14th, 2023 at 0.00942729
The intermediate-term trend has been DOWN since Feb 27th, 2024 at 0.00949293
The short-term trend has been UP since Mar 12th, 2024 at 0.00944668
Smart Scan Analysis for INRGBP
Based on our trend formula, INRGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00947764 | 0.00950615 | 0.00947452 | 0.00948035 | +0.00000300 |
Prev. Close | Volume | Bid | Ask | Time |
0.00947764 | 2024-03-19 08:57:17 |