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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

British Pound/Indian Rupee (FOREX:GBPINR)

Weak Uptrend (+65) - GBPINR is showing signs of weakening momentum to the upside. Monitor GBPINR as it may be in the beginning stages of a reversal.

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
105.26398 105.36502 104.97615 105.23689 -0.02709
Entry Signal

MarketClub’s Trade Triangles for GBPINR

long term up The long-term trend has been UP since Dec 14th, 2023 at 106.07498

intermediate term up The intermediate-term trend has been UP since Feb 27th, 2024 at 105.34002

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 105.19502

Smart Scan Analysis for GBPINR

Based on our trend formula, GBPINR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
105.26398 105.36502 104.97615 105.23689 -0.02709
Prev. Close Volume Bid Ask Time
105.26398 2024-03-28 07:50:49
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