Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)
Long-Term Uptrend (+90) - HKDSGD is in a strong uptrend that is likely to continue. While HKDSGD 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 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.
MarketClub’s Trade Triangles for HKDSGD
The long-term trend has been UP since Feb 3rd, 2020 at 0.17645752
The intermediate-term trend has been UP since Mar 12th, 2020 at 0.18057417
The short-term trend has been UP since Apr 1st, 2020 at 0.18463486
Smart Scan Analysis for HKDSGD
Based on our trend formula, HKDSGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).