Forex Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
Indian Rupee/British Pound (FOREX:INRGBP)
Weak Downtrend (-65) - INRGBP is showing signs of a strengthening downtrend. Monitor INRGBP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for INRGBP
The long-term trend has been UP since Mar 1st, 2023 at 0.01020934
The intermediate-term trend has been DOWN since Mar 19th, 2023 at 0.00993260
The short-term trend has been DOWN since Mar 28th, 2023 at 0.00985791
Smart Scan Analysis for INRGBP
Based on our trend formula, INRGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).