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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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.

FOREX_HKDSGD
Open High Low HKDSGD Price Change
0.168685 0.169485 0.168580 0.169125 +0.000440
Entry Signal

MarketClub’s Trade Triangles for HKDSGD

long term down The long term trend has been DOWN since Mar 16th, 2017 at 0.179995

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2018 at 0.168160

short term up The short term trend has been UP since Apr 20th, 2018 at 0.167475

Smart Scan Analysis for HKDSGD

Based on a pre-defined weighted trend formula for chart analysis, HKDSGD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for HKDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.168685 0.169485 0.168580 0.169125 +0.000440
Prev. Close Volume Bid Ask Time
0.168685 0.169110 0.169140 2018-04-25 23:33:54
Want to analyze Hong Kong Dollar/Singapore Dollar HKDSGD or another symbol? Try our Free Forex Trend Analysis Report.