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.
MarketClub’s Trade Triangles for HKDINR
The long term trend has been UP since Mar 21st, 2018 at 8.34285
The intermediate term trend has been UP since Jun 18th, 2018 at 8.67300
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).