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Forex Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

Singapore Dollar/Hong Kong Dollar (FOREX:SGDHKD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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
5.77570 5.79620 5.76140 5.77785 +0.00215
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 Jun 15th, 2018 at 5.81145

short term down The short term trend has been DOWN since Jun 12th, 2018 at 5.86575

Smart Scan Analysis for SGDHKD

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

-100
Smart Scan Analysis for SGDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.77570 5.79620 5.76140 5.77785 +0.00215
Prev. Close Volume Bid Ask Time
5.77570 5.77660 5.77910 2018-06-22 18:04:17
Want to analyze Singapore Dollar/Hong Kong Dollar SGDHKD or another symbol? Try our Free Forex Trend Analysis Report.