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Forex Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)

Weak Downtrend (-65) - HKDINR is showing signs of a strengthening downtrend. Monitor HKDINR as it may be building momentum to the downside.

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
9.762145 9.770120 9.727161 9.732457 -0.029688
Entry Signal

MarketClub’s Trade Triangles for HKDINR

long term up The long-term trend has been UP since Aug 5th, 2019 at 9.002450

intermediate term down The intermediate-term trend has been DOWN since Apr 29th, 2020 at 9.742360

short term down The short-term trend has been DOWN since May 26th, 2020 at 9.761464

Smart Scan Analysis for HKDINR

Based on our trend formula, HKDINR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HKDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.762145 9.770120 9.727161 9.732457 -0.029688
Prev. Close Volume Bid Ask Time
9.762145 9.723049 9.741865 2020-05-26 12:18:21
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