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Forex Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
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.
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MarketClub’s Trade Triangles for GBPINR
The long-term trend has been DOWN since Mar 14th, 2022 at 99.41166
The intermediate-term trend has been UP since Jul 26th, 2022 at 96.45453
The short-term trend has been DOWN since Aug 12th, 2022 at 95.92530
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 96.64424 | 96.64424 | 96.64424 | 96.64424 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 96.64424 | 2022-08-14 05:26:01 |