Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2019.
Indian Rupee/British Pound (FOREX:INRGBP)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for INRGBP
The long term trend has been UP since Dec 2nd, 2018 at 0.011274
The intermediate term trend has been UP since Mar 10th, 2019 at 0.010993
The short term trend has been UP since Mar 18th, 2019 at 0.010951
Smart Scan Analysis for INRGBP
Based on a pre-defined weighted trend formula for chart analysis, INRGBP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).