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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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
0.175425 0.175455 0.175390 0.175445 +0.000020
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 down The intermediate term trend has been DOWN since Nov 2nd, 2018 at 0.175155

short term down The short term trend has been DOWN since Nov 14th, 2018 at 0.175890

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
0.175425 0.175455 0.175390 0.175445 +0.000020
Prev. Close Volume Bid Ask Time
0.175415 0.175420 0.175470 2018-11-19 00:08:57
Want to analyze Hong Kong Dollar/Singapore Dollar HKDSGD or another symbol? Try our Free Forex Trend Analysis Report.