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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)

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

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
0.17412980 0.17456216 0.17359580 0.17384486 -0.00028500
Entry Signal

MarketClub’s Trade Triangles for HKDSGD

long term up The long-term trend has been UP since Apr 1st, 2024 at 0.17300000

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 0.17194934

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 0.17349457

Smart Scan Analysis for HKDSGD

Based on our trend formula, HKDSGD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HKDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17412980 0.17456216 0.17359580 0.17384486 -0.00028500
Prev. Close Volume Bid Ask Time
0.17412980 2024-04-19 22:30:18
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