Forex Trend Analysis Report
Prepared for you on Thursday, August 22, 2019.
Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for HKDINR
The long term trend has been UP since Aug 5th, 2019 at 9.00245
The intermediate term trend has been UP since Aug 2nd, 2019 at 8.84910
The short term trend has been UP since Jul 31st, 2019 at 8.81720
Smart Scan Analysis for HKDINR
Based on a pre-defined weighted trend formula for chart analysis, HKDINR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).