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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

British Pound/Indian Rupee (FOREX:GBPINR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
92.59370 93.29800 92.49358 92.92246 +0.32876
Entry Signal

MarketClub’s Trade Triangles for GBPINR

long term up The long term trend has been UP since Sep 5th, 2019 at 88.83650

intermediate term down The intermediate term trend has been DOWN since Dec 23rd, 2019 at 92.23873

short term up The short term trend has been UP since Jan 21st, 2020 at 93.19255

Smart Scan Analysis for GBPINR

Based on a pre-defined weighted trend formula for chart analysis, GBPINR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for GBPINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.59370 93.29800 92.49358 92.92246 +0.32876
Prev. Close Volume Bid Ask Time
92.59370 92.92075 92.92416 2020-01-21 10:22:34
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