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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_HKDINR
Open High Low HKDINR Price Change
8.7046 8.7200 8.7022 8.7095 +0.0049
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 Apr 16th, 2018 at 8.33565

short term up The short term trend has been UP since May 1st, 2018 at 8.51725

Smart Scan Analysis for HKDINR

Based on a pre-defined weighted trend formula for chart analysis, HKDINR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for HKDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.7046 8.7200 8.7022 8.7095 +0.0049
Prev. Close Volume Bid Ask Time
8.7046 8.7043 8.7147 2018-05-24 07:58:22
Want to analyze Hong Kong Dollar/Indian Rupee HKDINR or another symbol? Try our Free Forex Trend Analysis Report.