Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)
Weak Uptrend (+65) - HKDSGD is showing signs of weakening momentum to the upside. Monitor HKDSGD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HKDSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HKDSGD
The long-term trend has been UP since Feb 3rd, 2020 at 0.17645752
The intermediate-term trend has been DOWN since Apr 29th, 2020 at 0.18202295
The short-term trend has been UP since May 22nd, 2020 at 0.18320000
Smart Scan Analysis for HKDSGD
Based on our trend formula, HKDSGD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).