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.
MarketClub’s Trade Triangles for HKDSGD
The long-term trend has been DOWN since Jul 22nd, 2020 at 0.17808437
The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.17441316
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).