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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

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
9.581666 9.584419 9.550334 9.552811 -0.028855
Entry Signal

MarketClub’s Trade Triangles for HKDINR

long term down The long-term trend has been DOWN since Jan 11th, 2022 at 9.477865

intermediate term down The intermediate-term trend has been DOWN since Dec 27th, 2021 at 9.603733

short term up The short-term trend has been UP since Jan 14th, 2022 at 9.515145

Smart Scan Analysis for HKDINR

Based on our trend formula, HKDINR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for HKDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.581666 9.584419 9.550334 9.552811 -0.028855
Prev. Close Volume Bid Ask Time
9.581666 2022-01-19 04:51:41
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