Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)

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_HKDINR
Open High Low HKDINR Price Change
9.158930 9.168053 9.151045 9.153038 -0.005892
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 Jan 13th, 2020 at 9.114593

short term up The short term trend has been UP since Jan 17th, 2020 at 9.136466

Smart Scan Analysis for HKDINR

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

-55
Smart Scan Analysis for HKDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.158930 9.168053 9.151045 9.153038 -0.005892
Prev. Close Volume Bid Ask Time
9.158930 9.143753 9.162322 2020-01-22 08:46:43
Get a free daily report for Hong Kong Dollar/Indian Rupee (HKDINR) - Free Trend Analysis Report.