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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Indian Rupee/British Pound (FOREX:INRGBP)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

FOREX_INRGBP
Open High Low INRGBP Price Change
0.011210 0.011210 0.011161 0.011182 -0.000028
Entry Signal

MarketClub’s Trade Triangles for INRGBP

long term up The long term trend has been UP since Dec 2nd, 2018 at 0.011274

intermediate term up The intermediate term trend has been UP since May 16th, 2019 at 0.011122

short term up The short term trend has been UP since May 15th, 2019 at 0.011028

Smart Scan Analysis for INRGBP

Based on a pre-defined weighted trend formula for chart analysis, INRGBP scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for INRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.011210 0.011210 0.011161 0.011182 -0.000028
Prev. Close Volume Bid Ask Time
0.011210 0.011181 0.011183 2019-05-19 20:34:35
Want to analyze Indian Rupee/British Pound INRGBP or another symbol? Try our Free Forex Trend Analysis Report.