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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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
9.18960 9.21980 9.18055 9.20860 +0.01900
Entry Signal

MarketClub’s Trade Triangles for HKDINR

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 8.89340

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 9.19345

short term up The short term trend has been UP since Dec 3rd, 2018 at 8.97740

Smart Scan Analysis for HKDINR

Based on a pre-defined weighted trend formula for chart analysis, HKDINR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for HKDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.18960 9.21980 9.18055 9.20860 +0.01900
Prev. Close Volume Bid Ask Time
9.18960 9.19950 9.21770 2018-12-14 15:10:17
Want to analyze Hong Kong Dollar/Indian Rupee HKDINR or another symbol? Try our Free Forex Trend Analysis Report.