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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Singapore Dollar/Hong Kong Dollar (FOREX:SGDHKD)

Bull Market Weakness (+75) - SGDHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDHKD as it may be in the beginning stages of a reversal.

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.

FOREX_SGDHKD
Open High Low SGDHKD Price Change
5.8225737 5.8225737 5.8225737 5.8225737 0.0000000
Entry Signal

MarketClub’s Trade Triangles for SGDHKD

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 5.8377581

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2025 at 5.7337481

short term up The short-term trend has been UP since Feb 20th, 2025 at 5.8145619

Smart Scan Analysis for SGDHKD

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

+70
Smart Scan Analysis for SGDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.8225737 5.8225737 5.8225737 5.8225737 0.0000000
Prev. Close Volume Bid Ask Time
5.8225737 2025-02-22 01:41:05
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