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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)

Countertrend Up (+85) - HKDSGD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

FOREX_HKDSGD
Open High Low HKDSGD Price Change
0.17483288 0.17514912 0.17473783 0.17502838 +0.00019600
Entry Signal

MarketClub’s Trade Triangles for HKDSGD

long term up The long-term trend has been UP since Nov 5th, 2024 at 0.17130000

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 0.16820401

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.17409267

Smart Scan Analysis for HKDSGD

Based on our trend formula, HKDSGD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HKDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17483288 0.17514912 0.17473783 0.17502838 +0.00019600
Prev. Close Volume Bid Ask Time
0.17483288 2024-12-26 07:59:02
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