Saturday, March 17, 2012

Indian Rupee Charts

Posting the INR trend charts is something that has been on my to-do list for a long time - but never got around to doing it. Well - better late than never - as they say.  I am posting daily and hourly trend charts of USDINR and GBPINR.

As can be seen from the charts:

  • Both GBPINR and USDINR have sold off enough from the  highs to mark an end to long-term bullish trend on the daily charts
  • Both GBPINR and USDINR are currently trading in a up-trend in hourly charts.
In the short term - the signals appear to be mixed for both these currency pairs, but why don't you take a look at the charts and decide for yourself.


USDINR Daily Compressed Trend Chart
USDINR Hourly Compressed Trend Chart


GBPINR Daily Compressed Trend Chart 

GBPINR Hourly Compressed Trend Chart 

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