Forex Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)
Strong Uptrend (+100) - HKDSGD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDSGD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Jul 6th, 2023 at 0.17331590
The intermediate-term trend has been UP since Aug 6th, 2023 at 0.17231728
The short-term trend has been UP since Sep 21st, 2023 at 0.17491859
Smart Scan Analysis for HKDSGD
Based on our trend formula, HKDSGD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).