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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)

Weak Uptrend (+65) - HKDINR is showing signs of weakening momentum to the upside. Monitor 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
10.925964 10.925964 10.895346 10.895346 -0.030618
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 down The short-term trend has been DOWN since Dec 20th, 2024 at 10.917750

Smart Scan Analysis for HKDINR

Based on our trend formula, HKDINR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for HKDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.925964 10.925964 10.895346 10.895346 -0.030618
Prev. Close Volume Bid Ask Time
10.925964 2024-12-21 06:23:56
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