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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.

FOREX_HKDSGD
Open High Low HKDSGD Price Change
0.174125 0.174815 0.174000 0.174630 +0.000505
Entry Signal

MarketClub’s Trade Triangles for HKDSGD

long term up The long term trend has been UP since May 8th, 2018 at 0.170595

intermediate term up The intermediate term trend has been UP since Jun 15th, 2018 at 0.172070

short term up 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).

+100
Smart Scan Analysis for HKDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.174125 0.174815 0.174000 0.174630 +0.000505
Prev. Close Volume Bid Ask Time
0.174125 0.174540 0.174720 2018-07-19 07:53:44
Want to analyze Hong Kong Dollar/Singapore Dollar HKDSGD or another symbol? Try our Free Forex Trend Analysis Report.