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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.

FOREX_HKDSGD
Open High Low HKDSGD Price Change
0.18383532 0.18400000 0.18375173 0.18383705 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for HKDSGD

long term up The long-term trend has been UP since Feb 3rd, 2020 at 0.17645752

intermediate term down The intermediate-term trend has been DOWN since Apr 29th, 2020 at 0.18202295

short term up 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).

+65
Smart Scan Analysis for HKDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.18383532 0.18400000 0.18375173 0.18383705 +0.00000200
Prev. Close Volume Bid Ask Time
0.18383532 0.18381870 0.18385540 2020-05-25 05:27:33
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