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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/Singapore Dollar (FOREX:DKKSGD)
Sidelines Mode (-55) - DKKSGD 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 DKKSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DKKSGD
The long-term trend has been DOWN since Sep 27th, 2023 at 0.1932575
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 0.1947700
The short-term trend has been UP since May 7th, 2024 at 0.1952730
Smart Scan Analysis for DKKSGD
Based on our trend formula, DKKSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1952825 | 0.1955445 | 0.1951000 | 0.1955065 | +0.0002240 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1952825 | 2024-05-09 13:16:23 |