Forex Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Indian Rupee/Hong Kong Dollar (FOREX:INRHKD)
Bull Market Weakness (+75) - INRHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRHKD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid INRHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INRHKD
The long-term trend has been DOWN since Aug 5th, 2019 at 0.11110000
The intermediate-term trend has been UP since Apr 29th, 2020 at 0.10266401
The short-term trend has been UP since May 26th, 2020 at 0.10246320
Smart Scan Analysis for INRHKD
Based on our trend formula, INRHKD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).