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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Singapore Dollar/Hong Kong Dollar (FOREX:SGDHKD)

Countertrend Up (+85) - SGDHKD 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 SGDHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDHKD
Open High Low SGDHKD Price Change
5.9799899 5.9925383 5.9617332 5.9873068 +0.0073170
Entry Signal

MarketClub’s Trade Triangles for SGDHKD

long term up The long-term trend has been UP since Apr 10th, 2025 at 5.8562471

intermediate term up The intermediate-term trend has been UP since Apr 10th, 2025 at 5.8492660

short term down The short-term trend has been DOWN since May 8th, 2025 at 5.9749576

Smart Scan Analysis for SGDHKD

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

+85
Smart Scan Analysis for SGDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.9799899 5.9925383 5.9617332 5.9873068 +0.0073170
Prev. Close Volume Bid Ask Time
5.9799899 2025-05-09 04:26:56
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