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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

British Pound/Indian Rupee (FOREX:GBPINR)

Strong Downtrend (-100) - GBPINR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GBPINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPINR.

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FOREX_GBPINR
Open High Low GBPINR Price Change
92.61242 92.94492 92.43319 92.46594 -0.14648
Entry Signal

MarketClub’s Trade Triangles for GBPINR

long term down The long-term trend has been DOWN since Mar 17th, 2020 at 89.77890

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2020 at 93.32440

short term down The short-term trend has been DOWN since May 22nd, 2020 at 92.11417

Smart Scan Analysis for GBPINR

Based on our trend formula, GBPINR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GBPINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.61242 92.94492 92.43319 92.46594 -0.14648
Prev. Close Volume Bid Ask Time
92.61242 92.46533 92.46655 2020-05-25 05:32:42
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