Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Indian Rupee/Hong Kong Dollar (FOREX:INRHKD)
Strong Downtrend (-100) - INRHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, INRHKD continues to fall. 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.
MarketClub’s Trade Triangles for INRHKD
The long-term trend has been DOWN since Mar 6th, 2022 at 0.10152601
The intermediate-term trend has been DOWN since Apr 17th, 2022 at 0.10150551
The short-term trend has been DOWN since Jun 22nd, 2022 at 0.10014245
Smart Scan Analysis for INRHKD
Based on our trend formula, INRHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).