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Forex Trend Analysis Report
Prepared for you on Sunday, December 8, 2024.
Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)
Sidelines Mode (+55) - HKDSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for HKDSGD
The long-term trend has been UP since Nov 5th, 2024 at 0.17130000
The intermediate-term trend has been UP since Oct 7th, 2024 at 0.16820401
The short-term trend has been DOWN since Dec 4th, 2024 at 0.17192471
Smart Scan Analysis for HKDSGD
Based on our trend formula, HKDSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.17255545 | 0.17255545 | 0.17255545 | 0.17255545 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.17255545 | 2024-12-08 00:15:15 |