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Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)

Strong Uptrend (+100) - HKDINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDINR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_HKDINR
Open High Low HKDINR Price Change
10.912844 10.917991 10.904947 10.908844 -0.004000
Entry Signal

MarketClub’s Trade Triangles for HKDINR

long term up The long-term trend has been UP since Apr 30th, 2024 at 10.708792

intermediate term up The intermediate-term trend has been UP since Dec 8th, 2024 at 10.900546

short term up The short-term trend has been UP since Dec 8th, 2024 at 10.890955

Smart Scan Analysis for HKDINR

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

+100
Smart Scan Analysis for HKDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.912844 10.917991 10.904947 10.908844 -0.004000
Prev. Close Volume Bid Ask Time
10.912844 2024-12-11 16:39:19
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