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.
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 DOWN since Mar 17th, 2020 at 89.77890
The intermediate-term trend has been DOWN since May 7th, 2020 at 93.32440
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).