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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Indian Rupee/Hong Kong Dollar (FOREX:INRHKD)

Crossroads (-60) - INRHKD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid INRHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRHKD
Open High Low INRHKD Price Change
0.09428323 0.09432985 0.09417347 0.09421805 -0.00006500
Entry Signal

MarketClub’s Trade Triangles for INRHKD

long term up The long-term trend has been UP since Mar 1st, 2024 at 0.09471002

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2024 at 0.09393730

short term down The short-term trend has been DOWN since Mar 11th, 2024 at 0.09393730

Smart Scan Analysis for INRHKD

Based on our trend formula, INRHKD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for INRHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09428323 0.09432985 0.09417347 0.09421805 -0.00006500
Prev. Close Volume Bid Ask Time
0.09428323 2024-03-19 10:01:18
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