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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Danish Krone/Singapore Dollar (FOREX:DKKSGD)

Countertrend Up (+85) - DKKSGD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

FOREX_DKKSGD
Open High Low DKKSGD Price Change
0.1922735 0.1929320 0.1918185 0.1927460 +0.0004720
Entry Signal

MarketClub’s Trade Triangles for DKKSGD

long term up The long-term trend has been UP since Nov 15th, 2022 at 0.1914220

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2023 at 0.1922320

short term down The short-term trend has been DOWN since Mar 15th, 2023 at 0.1927855

Smart Scan Analysis for DKKSGD

Based on our trend formula, DKKSGD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for DKKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1922735 0.1929320 0.1918185 0.1927460 +0.0004720
Prev. Close Volume Bid Ask Time
0.1922735 2023-03-20 18:48:03
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