Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
British Pound/Indian Rupee (FOREX:GBPINR)
Strong Uptrend (+100) - GBPINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPINR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPINR
The long-term trend has been UP since Jul 28th, 2020 at 96.95985
The intermediate-term trend has been UP since Oct 12th, 2020 at 95.57524
The short-term trend has been UP since Nov 27th, 2020 at 99.15366
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).