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.
MarketClub’s Trade Triangles for INRGBP
The long-term trend has been UP since Aug 19th, 2021 at 0.00986505
The intermediate-term trend has been DOWN since Oct 10th, 2021 at 0.00974958
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).