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Forex Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low HKDINR Price Change
9.3818 9.3826 9.3362 9.3452 -0.0366
Entry Signal

MarketClub’s Trade Triangles for HKDINR

long term up The long term trend has been UP since Mar 21st, 2018 at 8.34285

intermediate term up The intermediate term trend has been UP since Jun 18th, 2018 at 8.67300

short term down The short term trend has been DOWN since Oct 24th, 2018 at 9.34425

Smart Scan Analysis for HKDINR

Based on a pre-defined weighted trend formula for chart analysis, HKDINR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for HKDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.3818 9.3826 9.3362 9.3452 -0.0366
Prev. Close Volume Bid Ask Time
9.3818 9.3363 9.3541 2018-10-24 01:48:01
Want to analyze Hong Kong Dollar/Indian Rupee HKDINR or another symbol? Try our Free Forex Trend Analysis Report.