Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Singapore Dollar/Hong Kong Dollar (FOREX:SGDHKD)
Crossroads (-60) - SGDHKD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SGDHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SGDHKD
The long-term trend has been UP since Nov 28th, 2023 at 5.8575907
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 5.8095848
The short-term trend has been DOWN since Mar 20th, 2024 at 5.8201236
Smart Scan Analysis for SGDHKD
Based on our trend formula, SGDHKD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
5.8064589 | 5.8092390 | 5.7865873 | 5.7986553 | -0.0078040 |
Prev. Close | Volume | Bid | Ask | Time |
5.8064589 | 2024-03-28 11:56:54 |