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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
Hong Kong Dollar/Indian Rupee (FOREX:HKDINR)
Sidelines Mode (-55) - HKDINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since May 2nd, 2025 at 10.865034
The intermediate-term trend has been DOWN since Apr 20th, 2025 at 10.915602
The short-term trend has been UP since May 7th, 2025 at 10.926323
Smart Scan Analysis for HKDINR
Based on our trend formula, HKDINR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.884164 | 11.058448 | 10.879229 | 11.042742 | +0.158578 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.884164 | 2025-05-08 23:35:59 |