HKDINR NEWS why is Hong Kong Dollar / Indian Rupee price falling or rising

HKDINR NEWS reasons for why stock price of Hong Kong Dollar / Indian Rupee is falling or rising

HKDINR Hong Kong is falling or rising technical reasons

Technical analysis forecast of Hong Kong Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Hong Kong HKDINR at this time. Stock is rising and might rise more.

It appears as if Hong Kong HKDINR gave a large move recently.

Stock of Hong Kong (HKDINR) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Hong Kong is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 10.7, for a target of 10.7 or 10.65

HKDINR Hong Kong is falling or rising NEWS fundamental reasons

Hong Kong Market falls 0.22% At closing bell, the benchmark Hang Seng Index declined 41.35 points, or 0.22%, to 19,073.71. The Hang Seng China Enterprises Index fell 20.23 points, or 0.3%, to 6,741.41. - NEWS as on 2024-05-14 business-standard.com

Hong Kong: Market extends gain to third straight days At closing bell, the benchmark Hang Seng Index surged by 151.38 points, or 0.8%, to 19,115.06, its highest level since 10 August 2023. The Hang Seng China Enterprises Index gained 42.78 points, or 0.64%, to 6,761.64. - NEWS as on 2024-05-13 business-standard.com

Hong Kong Market extends gain Meanwhile, market sentiments underpinned further after reports that China is considering exempting individual investors from paying dividend taxes on Hong Kong stocks bought through the Stock Connect. - NEWS as on 2024-05-10 business-standard.com

Hong Kong Market falls 0.9% At closing bell, the benchmark Hang Seng Index fell by 165.51 points, or 0.9%, to 18,313.86. The Hang Seng China Enterprises Index dropped 69.95 points, or 1.07%, to 6,456.72. - NEWS as on 2024-05-08 business-standard.com

More announcements and NEWS

HKDINR Hong Kong Dollar / Indian Rupee current price & indicator signals

Moving Averages for Hong Kong Dollar / Indian Rupee

  • 5Day Average: 10.69
  • 12Day Average: 10.68
  • 20Day Average: 10.67
  • 50Day Average: 10.64
  • 100Day Average: 10.63
  • 150Day Average: 10.64
  • 200Day Average: 10.63

HKDINR Indicators & signals

Indicator MACD (12,26,9)

10.67, 10.64, 0.01
Indicator MACD is in positive zone

Indicator ADX (14)

0, 33.33, 33.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of HKDINR Hong Kong Dollar / Indian Rupee are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Tue May 2024 10.69140 10.68630 to 10.69210 0.02% 0 times
13 Mon May 2024 10.68920 10.68620 to 10.69330 -0.03% 0 times
10 Fri May 2024 10.69260 10.68060 to 10.69290 0.11% 0 times
09 Thu May 2024 10.68130 10.67710 to 10.68480 0.03% 0 times
08 Wed May 2024 10.67760 10.67330 to 10.68440 0.05% 0 times
07 Tue May 2024 10.67270 10.66800 to 10.67960 -0.03% 0 times
06 Mon May 2024 10.67540 10.67270 to 10.68900 0.01% 0 times
03 Fri May 2024 10.67480 10.66710 to 10.68020 0.05% 0 times
02 Thu May 2024 10.66980 10.66600 to 10.72200 -0.49% 0 times
01 Wed May 2024 10.72200 10.66080 to 10.72600 0.48% 0 times
30 Tue Apr 2024 10.67110 10.66080 to 10.67650 0.06% 0 times
29 Mon Apr 2024 10.66420 10.65420 to 10.66870 0.1% 0 times

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HKDINR NEWS why is Hong Kong Dollar / Indian Rupee price falling or rising

 

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