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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Indian Rupee/British Pound (FOREX:INRGBP)

Weak Downtrend (-65) - INRGBP is showing signs of a strengthening downtrend. Monitor INRGBP as it may be building momentum to the downside.

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.

FOREX_INRGBP
Open High Low INRGBP Price Change
0.00950292 0.00951224 0.00948926 0.00949716 -0.00000600
Entry Signal

MarketClub’s Trade Triangles for INRGBP

long term down The long-term trend has been DOWN since Dec 14th, 2023 at 0.00942729

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2024 at 0.00949293

short term up The short-term trend has been UP since Mar 27th, 2024 at 0.00950615

Smart Scan Analysis for INRGBP

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

-65
Smart Scan Analysis for INRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00950292 0.00951224 0.00948926 0.00949716 -0.00000600
Prev. Close Volume Bid Ask Time
0.00950292 2024-03-29 11:15:30
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