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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)

Bull Market Weakness (+75) - HKDINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDINR as it may be in the beginning stages of a reversal.

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
9.786482 9.813890 9.786482 9.800202 +0.013720
Entry Signal

MarketClub’s Trade Triangles for HKDINR

long term up The long-term trend has been UP since Aug 5th, 2019 at 9.002450

intermediate term down The intermediate-term trend has been DOWN since Apr 29th, 2020 at 9.742360

short term up The short-term trend has been UP since May 22nd, 2020 at 9.789308

Smart Scan Analysis for HKDINR

Based on our trend formula, HKDINR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HKDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.786482 9.813890 9.786482 9.800202 +0.013720
Prev. Close Volume Bid Ask Time
9.786482 9.790721 9.809682 2020-05-25 04:36:24
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