Today's HKD to INR Price Update

Summary

This report provides the real-time exchange rate between the Hong Kong Dollar (HKD) and Indian Rupee (INR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Hong Kong Dollar (HKD) is a major fiat currency representing one of the world’s leading financial centers, while the Indian Rupee (INR) is the official currency of India’s rapidly growing economy. The exchange rate between them reflects market sentiment toward both currencies and capital flow dynamics between these two significant Asian economies.

Today’s Price

• 1 HKD = 11.56 INR (+0.17%)
• 24h High: 11.5655 INR
• 24h Low: 11.5506 INR

Market Analysis

Recent HKD/INR price movements reflect evolving market conditions in both currency zones. Technical indicators present a mixed outlook for the pair.

• Technical levels: Key support zones identified at 11.5378 and 11.3538 INR
• Technical sentiment: The moving average analysis shows a Strong Sell outlook with 11 Sell signals versus 1 Buy signal across multiple timeframes. The 14-day Relative Strength Index (RSI) stands at 38.593, suggesting downward pressure
• Trading opportunities: Monitor support levels for potential bounce opportunities, while watching for confirmation of any reversal patterns

Conclusion

Continue to monitor the HKD/INR pair closely, integrating technical indicators with broader market sentiment. Traders should pay particular attention to support zones and RSI levels for potential entry and exit points.