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Forex Trend Analysis Report

Prepared for you on Friday, March 23, 2018.

Singapore Dollar/Danish Krone (FOREX:SGDDKK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low SGDDKK Price Change
4.59180 4.59585 4.58755 4.58780 -0.00400
Entry Signal

MarketClub’s Trade Triangles for SGDDKK

long term down The long term trend has been DOWN since Jan 12th, 2018 at 4.6218

intermediate term up The intermediate term trend has been UP since Feb 25th, 2018 at 4.5906

short term up The short term trend has been UP since Mar 20th, 2018 at 4.6103

Smart Scan Analysis for SGDDKK

Based on a pre-defined weighted trend formula for chart analysis, SGDDKK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.59180 4.59585 4.58755 4.58780 -0.00400
Prev. Close Volume Bid Ask Time
4.59180 4.58700 4.58860 2018-03-23 03:02:08
Want to analyze Singapore Dollar/Danish Krone SGDDKK or another symbol? Try our Free Forex Trend Analysis Report.