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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.

FOREX_INRHKD
Open High Low INRHKD Price Change
0.10035421 0.10039956 0.10017054 0.10031968 -0.00003500
Entry Signal

MarketClub’s Trade Triangles for INRHKD

long term down The long-term trend has been DOWN since Mar 6th, 2022 at 0.10152601

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2022 at 0.10150551

short term down 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).

-100
Smart Scan Analysis for INRHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10035421 0.10039956 0.10017054 0.10031968 -0.00003500
Prev. Close Volume Bid Ask Time
0.10035421 2022-06-24 17:03:20
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