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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Indian Rupee/Hong Kong Dollar (FOREX:INRHKD)
Long-Term Downtrend (-90) - INRHKD is in a strong downtrend that is likely to continue. While INRHKD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid INRHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for INRHKD
The long-term trend has been DOWN since Apr 30th, 2024 at 0.09335899
The intermediate-term trend has been DOWN since Jul 22nd, 2024 at 0.09324584
The short-term trend has been DOWN since Jul 19th, 2024 at 0.09325794
Smart Scan Analysis for INRHKD
Based on our trend formula, INRHKD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.09324698 | 0.09337874 | 0.09316293 | 0.09337874 | +0.00013200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.09324698 | 2024-07-26 17:04:33 |