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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Singapore Dollar/Danish Krone (FOREX:SGDDKK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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
4.71855 4.73035 4.71770 4.72865 +0.01010
Entry Signal

MarketClub’s Trade Triangles for SGDDKK

long term down The long term trend has been DOWN since Jun 22nd, 2018 at 4.54750

intermediate term up The intermediate term trend has been UP since Sep 28th, 2018 at 4.69140

short term up The short term trend has been UP since Oct 17th, 2018 at 4.69305

Smart Scan Analysis for SGDDKK

Based on a pre-defined weighted trend formula for chart analysis, SGDDKK scored +70 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
4.71855 4.73035 4.71770 4.72865 +0.01010
Prev. Close Volume Bid Ask Time
4.71855 4.72790 4.72940 2018-10-19 05:24:35
Want to analyze Singapore Dollar/Danish Krone SGDDKK or another symbol? Try our Free Forex Trend Analysis Report.