Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)

Bull Market Weakness (+75) - HKDINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDINR as it may be in the beginning stages 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
9.662604 9.665529 9.620644 9.626971 -0.035633
Entry Signal

MarketClub’s Trade Triangles for HKDINR

long term up The long-term trend has been UP since Apr 7th, 2021 at 9.550777

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2021 at 9.500025

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 9.626373

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
9.662604 9.665529 9.620644 9.626971 -0.035633
Prev. Close Volume Bid Ask Time
9.662604 2021-10-20 05:08:08
Get a free daily analysis and signals for Hong Kong Dollar/Indian Rupee (HKDINR) - Request Your Free Report.