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Forex Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
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.
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MarketClub’s Trade Triangles for INRGBP
The long-term trend has been DOWN since Sep 5th, 2019 at 0.01125600
The intermediate-term trend has been UP since Dec 23rd, 2019 at 0.01084144
The short-term trend has been UP since Feb 17th, 2020 at 0.01076167
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01079488 | 0.01079851 | 0.01072744 | 0.01074356 | -0.00005100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01079488 | 0.01074349 | 0.01074364 | 2020-02-21 08:33:56 |