Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Indian Rupee/Hong Kong Dollar (FOREX:INRHKD)
Weak Downtrend (-65) - INRHKD is showing signs of a strengthening downtrend. Monitor INRHKD as it may be building momentum to the downside.
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 UP since Mar 2nd, 2023 at 0.09545865
The short-term trend has been DOWN since Mar 21st, 2023 at 0.09486195
Smart Scan Analysis for INRHKD
Based on our trend formula, INRHKD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).