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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Indian Rupee/British Pound (FOREX:INRGBP)

Long-Term Uptrend (+90) - INRGBP is in a strong uptrend that is likely to continue. While INRGBP 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 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
0.00963891 0.00966393 0.00963644 0.00964433 +0.00000500
Entry Signal

MarketClub’s Trade Triangles for INRGBP

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.00961780

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2024 at 0.00952597

short term up The short-term trend has been UP since Apr 19th, 2024 at 0.00964976

Smart Scan Analysis for INRGBP

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

+90
Smart Scan Analysis for INRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00963891 0.00966393 0.00963644 0.00964433 +0.00000500
Prev. Close Volume Bid Ask Time
0.00963891 2024-04-24 09:20:35
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