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Forex Trend Analysis Report

Prepared for you on Wednesday, November 25, 2020.

Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)

Bear Market Rally (-75) - HKDINR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HKDINR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid HKDINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDINR
Open High Low HKDINR Price Change
9.544939 9.547739 9.528873 9.531256 -0.013683
Entry Signal

MarketClub’s Trade Triangles for HKDINR

long term down The long-term trend has been DOWN since Jul 5th, 2020 at 9.618546

intermediate term up The intermediate-term trend has been UP since Oct 26th, 2020 at 9.534562

short term down The short-term trend has been DOWN since Nov 16th, 2020 at 9.594238

Smart Scan Analysis for HKDINR

Based on our trend formula, HKDINR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for HKDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.544939 9.547739 9.528873 9.531256 -0.013683
Prev. Close Volume Bid Ask Time
9.544939 2020-11-25 05:09:14
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