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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Singapore Dollar/Hong Kong Dollar (FOREX:SGDHKD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_SGDHKD
Open High Low SGDHKD Price Change
5.6909 5.6925 5.6714 5.6758 -0.0151
Entry Signal

MarketClub’s Trade Triangles for SGDHKD

long term down The long term trend has been DOWN since May 8th, 2018 at 5.86225

intermediate term down The intermediate term trend has been DOWN since Dec 14th, 2018 at 5.67380

short term down The short term trend has been DOWN since Dec 5th, 2018 at 5.70140

Smart Scan Analysis for SGDHKD

Based on a pre-defined weighted trend formula for chart analysis, SGDHKD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SGDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.6909 5.6925 5.6714 5.6758 -0.0151
Prev. Close Volume Bid Ask Time
5.6909 5.6739 5.6777 2018-12-14 18:08:50
Want to analyze Singapore Dollar/Hong Kong Dollar SGDHKD or another symbol? Try our Free Forex Trend Analysis Report.