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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Singapore Dollar/Norwegian Krone (FOREX:SGDNOK)
Strong Uptrend (+100) - SGDNOK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDNOK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SGDNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDNOK.
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 SGDNOK
The long-term trend has been UP since Apr 1st, 2024 at 8.070499
The intermediate-term trend has been UP since Mar 12th, 2024 at 7.907800
The short-term trend has been UP since Apr 10th, 2024 at 7.982621
Smart Scan Analysis for SGDNOK
Based on our trend formula, SGDNOK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.082476 | 8.124622 | 8.065746 | 8.124065 | +0.041589 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.082476 | 2024-04-18 20:37:16 |