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Forex Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)

Weak Downtrend (-65) - HKDSGD is showing signs of a strengthening downtrend. Monitor HKDSGD as it may be building momentum to the downside.

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.

FOREX_HKDSGD
Open High Low HKDSGD Price Change
0.17605650 0.17615946 0.17538650 0.17559266 -0.00046400
Entry Signal

MarketClub’s Trade Triangles for HKDSGD

long term up The long-term trend has been UP since Apr 10th, 2022 at 0.17478190

intermediate term down The intermediate-term trend has been DOWN since Jul 25th, 2022 at 0.17649284

short term down The short-term trend has been DOWN since Jul 13th, 2022 at 0.17809194

Smart Scan Analysis for HKDSGD

Based on our trend formula, HKDSGD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HKDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17605650 0.17615946 0.17538650 0.17559266 -0.00046400
Prev. Close Volume Bid Ask Time
0.17605650 2022-08-08 16:13:07
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