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.
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 May 16th, 2019 at 0.011122
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).