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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)
Sidelines Mode (-55) - HKDSGD 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 HKDSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDSGD.
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 HKDSGD
The long-term trend has been UP since Apr 1st, 2024 at 0.17300000
The intermediate-term trend has been DOWN since May 5th, 2024 at 0.17213062
The short-term trend has been UP since May 7th, 2024 at 0.17324669
Smart Scan Analysis for HKDSGD
Based on our trend formula, HKDSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.17337850 | 0.17366250 | 0.17308211 | 0.17311700 | -0.00026100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.17337850 | 2024-05-09 10:43:34 |