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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Hong Kong Dollar/Singapore Dollar (FOREX:HKDSGD)

Sidelines Mode (+55) - HKDSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.17300220 0.17310733 0.17267315 0.17302973 +0.00002800
Entry Signal

MarketClub’s Trade Triangles for HKDSGD

long term up The long-term trend has been UP since Mar 7th, 2021 at 0.17319625

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.17317114

short term up The short-term trend has been UP since Oct 18th, 2021 at 0.17360032

Smart Scan Analysis for HKDSGD

Based on our trend formula, HKDSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HKDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17300220 0.17310733 0.17267315 0.17302973 +0.00002800
Prev. Close Volume Bid Ask Time
0.17300220 2021-10-19 20:56:06
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