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.
MarketClub’s Trade Triangles for HKDINR
The long-term trend has been UP since Mar 6th, 2022 at 9.793507
The intermediate-term trend has been UP since Apr 15th, 2022 at 9.790801
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).