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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)

Strong Downtrend (-100) - HKDSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.17333736 0.17350000 0.17307916 0.17317760 -0.00016000
Entry Signal

MarketClub’s Trade Triangles for HKDSGD

long term down The long-term trend has been DOWN since Jul 22nd, 2020 at 0.17808437

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.17441316

short term down The short-term trend has been DOWN since Nov 15th, 2020 at 0.17355832

Smart Scan Analysis for HKDSGD

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

-100
Smart Scan Analysis for HKDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17333736 0.17350000 0.17307916 0.17317760 -0.00016000
Prev. Close Volume Bid Ask Time
0.17333736 2020-11-24 04:34:07
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