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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Indian Rupee/Hong Kong Dollar (FOREX:INRHKD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_INRHKD
Open High Low INRHKD Price Change
0.110155 0.110395 0.110095 0.110110 -0.000045
Entry Signal

MarketClub’s Trade Triangles for INRHKD

long term up The long term trend has been UP since Dec 2nd, 2018 at 0.112420

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2019 at 0.110975

short term up The short term trend has been UP since Jan 14th, 2019 at 0.111465

Smart Scan Analysis for INRHKD

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

-55
Smart Scan Analysis for INRHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.110155 0.110395 0.110095 0.110110 -0.000045
Prev. Close Volume Bid Ask Time
0.110155 0.110100 0.110120 2019-01-18 13:23:22
Want to analyze Indian Rupee/Hong Kong Dollar INRHKD or another symbol? Try our Free Forex Trend Analysis Report.