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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Indian Rupee/Hong Kong Dollar (FOREX:INRHKD)

Countertrend Down (-85) - INRHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

FOREX_INRHKD
Open High Low INRHKD Price Change
0.10385175 0.10401849 0.10256732 0.10267047 -0.00118100
Entry Signal

MarketClub’s Trade Triangles for INRHKD

long term down The long-term trend has been DOWN since Aug 5th, 2019 at 0.11110000

intermediate term down The intermediate-term trend has been DOWN since Dec 27th, 2019 at 0.10900866

short term up The short-term trend has been UP since Mar 26th, 2020 at 0.10359132

Smart Scan Analysis for INRHKD

Based on our trend formula, INRHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for INRHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10385175 0.10401849 0.10256732 0.10267047 -0.00118100
Prev. Close Volume Bid Ask Time
0.10385175 0.10266251 0.10267843 2020-03-30 06:38:39
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