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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Singapore Dollar/Hong Kong Dollar (FOREX:SGDHKD)
Long-Term Uptrend (+90) - SGDHKD is in a strong uptrend that is likely to continue. While SGDHKD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SGDHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDHKD.
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 SGDHKD
The long-term trend has been UP since Jul 12th, 2024 at 5.8282295
The intermediate-term trend has been UP since Jul 11th, 2024 at 5.8055011
The short-term trend has been UP since Jul 24th, 2024 at 5.8145569
Smart Scan Analysis for SGDHKD
Based on our trend formula, SGDHKD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.8126000 | 5.8202642 | 5.8058368 | 5.8147000 | +0.0021000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.8126000 | 2024-07-26 17:04:33 |