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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.

FOREX_INRGBP
Open High Low INRGBP Price Change
0.01079488 0.01079851 0.01072744 0.01074356 -0.00005100
Entry Signal

MarketClub’s Trade Triangles for INRGBP

long term down The long-term trend has been DOWN since Sep 5th, 2019 at 0.01125600

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2019 at 0.01084144

short term up 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).

-60
Smart Scan Analysis for INRGBP
Strong Downtrend Sideways 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
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