Forex Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for HKDSGD
The long term trend has been UP since May 8th, 2018 at 0.170595
The intermediate term trend has been UP since Jun 15th, 2018 at 0.172070
The short term trend has been UP since Jul 18th, 2018 at 0.174165
Smart Scan Analysis for HKDSGD
Based on a pre-defined weighted trend formula for chart analysis, HKDSGD scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).