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Forex Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

Indian Rupee/British Pound (FOREX:INRGBP)

Crossroads (-60) - INRGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRGBP
Open High Low INRGBP Price Change
0.00974600 0.00975076 0.00966208 0.00968088 -0.00006500
Entry Signal

MarketClub’s Trade Triangles for INRGBP

long term up The long-term trend has been UP since Aug 19th, 2021 at 0.00986505

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2021 at 0.00974958

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.00992206

Smart Scan Analysis for INRGBP

Based on our trend formula, INRGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for INRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00974600 0.00975076 0.00966208 0.00968088 -0.00006500
Prev. Close Volume Bid Ask Time
0.00974600 2021-10-15 17:01:01
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