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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.

FOREX_GBPINR
Open High Low GBPINR Price Change
96.64424 96.64424 96.64424 96.64424 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPINR

long term down The long-term trend has been DOWN since Mar 14th, 2022 at 99.41166

intermediate term up The intermediate-term trend has been UP since Jul 26th, 2022 at 96.45453

short term down 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).

-55
Smart Scan Analysis for GBPINR
Strong Downtrend Sideways 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
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