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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Singapore Dollar/Hong Kong Dollar (FOREX:SGDHKD)

Weak Uptrend (+65) - SGDHKD is showing signs of weakening momentum to the upside. Monitor SGDHKD as it may be in the beginning stages of a reversal.

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
5.8290445 5.8404931 5.8279000 5.8379555 +0.0089110
Entry Signal

MarketClub’s Trade Triangles for SGDHKD

long term up The long-term trend has been UP since Jul 26th, 2020 at 5.6144202

intermediate term up The intermediate-term trend has been UP since Feb 14th, 2021 at 5.8583999

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 5.8462035

Smart Scan Analysis for SGDHKD

Based on our trend formula, SGDHKD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SGDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.8290445 5.8404931 5.8279000 5.8379555 +0.0089110
Prev. Close Volume Bid Ask Time
5.8290445 2021-03-01 03:08:13
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