Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Danish Krone/Singapore Dollar (FOREX:DKKSGD)
Long-Term Uptrend (+90) - DKKSGD is in a strong uptrend that is likely to continue. While DKKSGD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for DKKSGD
The long-term trend has been UP since Dec 21st, 2020 at 0.218990
The intermediate-term trend has been UP since Feb 25th, 2021 at 0.216940
The short-term trend has been UP since Feb 25th, 2021 at 0.216225
Smart Scan Analysis for DKKSGD
Based on our trend formula, DKKSGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).