Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Danish Krone/Singapore Dollar (FOREX:DKKSGD)

Bear Market Rally (-75) - DKKSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKSGD as it may be in the beginning of a reversal.

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
0.195405 0.195596 0.195211 0.195315 -0.000090
Entry Signal

MarketClub’s Trade Triangles for DKKSGD

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 0.1938245

intermediate term up The intermediate-term trend has been UP since Jul 3rd, 2024 at 0.1958100

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 0.1960910

Smart Scan Analysis for DKKSGD

Based on our trend formula, DKKSGD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DKKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.195405 0.195596 0.195211 0.195315 -0.000090
Prev. Close Volume Bid Ask Time
0.195405 2024-07-26 17:00:05
Get a free daily analysis and signals for Danish Krone/Singapore Dollar (DKKSGD) - Request Your Free Report.