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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Danish Krone/Singapore Dollar (FOREX:DKKSGD)

Sidelines Mode (-55) - DKKSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.1884830 0.1893940 0.1884305 0.1891120 +0.0006290
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 down The intermediate-term trend has been DOWN since Jan 2nd, 2025 at 0.1888385

short term up The short-term trend has been UP since Jan 15th, 2025 at 0.1889970

Smart Scan Analysis for DKKSGD

Based on our trend formula, DKKSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DKKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1884830 0.1893940 0.1884305 0.1891120 +0.0006290
Prev. Close Volume Bid Ask Time
0.1884830 2025-01-20 09:49:18
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