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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Indian Rupee/British Pound (FOREX:INRGBP)
Bear Market Rally (-75) - INRGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INRGBP as it may be in the beginning of a reversal.
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 Jun 3rd, 2024 at 0.00935737
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 0.00934446
The short-term trend has been UP since Jul 19th, 2024 at 0.00924602
Smart Scan Analysis for INRGBP
Based on our trend formula, INRGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00928510 | 0.00929524 | 0.00927274 | 0.00927966 | -0.00000500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00928510 | 2024-07-26 17:02:13 |