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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)

Long-Term Uptrend (+90) - HKDINR is in a strong uptrend that is likely to continue. While HKDINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
10.080567 10.080567 10.051196 10.060271 -0.020296
Entry Signal

MarketClub’s Trade Triangles for HKDINR

long term up The long-term trend has been UP since Mar 6th, 2022 at 9.793507

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2022 at 9.790801

short term up The short-term trend has been UP since Jun 27th, 2022 at 9.986498

Smart Scan Analysis for HKDINR

Based on our trend formula, HKDINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HKDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.080567 10.080567 10.051196 10.060271 -0.020296
Prev. Close Volume Bid Ask Time
10.080567 2022-07-04 20:24:55
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