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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)
Long-Term Uptrend (+90) - HKDINR is in a strong uptrend that is likely to continue. While HKDINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for HKDINR
The long-term trend has been UP since Apr 30th, 2024 at 10.708792
The intermediate-term trend has been UP since Dec 8th, 2024 at 10.900546
The short-term trend has been UP since Feb 2nd, 2025 at 11.144997
Smart Scan Analysis for HKDINR
Based on our trend formula, HKDINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.187135 | 11.232543 | 11.184428 | 11.220639 | +0.033504 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.187135 | 2025-02-05 09:05:11 |