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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)
Countertrend Up (+85) - HKDSGD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for HKDSGD
The long-term trend has been UP since Nov 5th, 2024 at 0.17130000
The intermediate-term trend has been UP since Oct 7th, 2024 at 0.16820401
The short-term trend has been DOWN since Nov 18th, 2024 at 0.17207728
Smart Scan Analysis for HKDSGD
Based on our trend formula, HKDSGD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.17197749 | 0.17231455 | 0.17190000 | 0.17221650 | +0.00023900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.17197749 | 2024-11-20 03:25:20 |