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.
MarketClub’s Trade Triangles for DKKSGD
The long-term trend has been UP since Nov 15th, 2022 at 0.1914220
The intermediate-term trend has been UP since Feb 28th, 2023 at 0.1922320
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).