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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

British Pound/Indian Rupee (FOREX:GBPINR)

Long-Term Uptrend (+90) - GBPINR is in a strong uptrend that is likely to continue. While GBPINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_GBPINR
Open High Low GBPINR Price Change
102.42112 102.95890 102.32051 102.56909 +0.14797
Entry Signal

MarketClub’s Trade Triangles for GBPINR

long term up The long-term trend has been UP since Jul 28th, 2020 at 96.95985

intermediate term up The intermediate-term trend has been UP since Dec 17th, 2020 at 99.84193

short term up The short-term trend has been UP since Feb 19th, 2021 at 101.53971

Smart Scan Analysis for GBPINR

Based on our trend formula, GBPINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
102.42112 102.95890 102.32051 102.56909 +0.14797
Prev. Close Volume Bid Ask Time
102.42112 2021-02-25 12:15:05
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