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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

British Pound/Indian Rupee (FOREX:GBPINR)

Sidelines Mode (+55) - GBPINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
103.30170 103.64545 103.23630 103.54306 +0.24136
Entry Signal

MarketClub’s Trade Triangles for GBPINR

long term down The long-term trend has been DOWN since Aug 19th, 2021 at 101.36799

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2021 at 102.56851

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 103.04745

Smart Scan Analysis for GBPINR

Based on our trend formula, GBPINR is rated as a +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
103.30170 103.64545 103.23630 103.54306 +0.24136
Prev. Close Volume Bid Ask Time
103.30170 2021-10-26 09:00:43
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