Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

British Pound/Indian Rupee (FOREX:GBPINR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPINR
Open High Low GBPINR Price Change
92.8185 92.8185 92.7340 92.7690 -0.0495
Entry Signal

MarketClub’s Trade Triangles for GBPINR

long term down The long term trend has been DOWN since Dec 18th, 2018 at 88.7545

intermediate term down The intermediate term trend has been DOWN since Feb 12th, 2019 at 91.4035

short term up The short term trend has been UP since Feb 15th, 2019 at 91.6605

Smart Scan Analysis for GBPINR

Based on a pre-defined weighted trend formula for chart analysis, GBPINR scored -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
92.8185 92.8185 92.7340 92.7690 -0.0495
Prev. Close Volume Bid Ask Time
92.8115 92.7610 92.7770 2019-02-22 00:10:45
Want to analyze British Pound/Indian Rupee GBPINR or another symbol? Try our Free Forex Trend Analysis Report.