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Forex Trend Analysis Report
Prepared for you on Monday, October 7, 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.
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MarketClub’s Trade Triangles for DKKSGD
The long-term trend has been DOWN since Jun 14th, 2024 at 0.1938245
The intermediate-term trend has been DOWN since Sep 1st, 2024 at 0.1932985
The short-term trend has been UP since Oct 6th, 2024 at 0.1921205
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1918690 | 0.1920505 | 0.1915960 | 0.1918120 | -0.0000570 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1918690 | 2024-10-07 07:35:24 |