Forex Trend Analysis Report
Prepared for you on Saturday, December 5, 2020.
Danish Krone/Singapore Dollar (FOREX:DKKSGD)
Bull Market Weakness (+75) - DKKSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKSGD as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for DKKSGD
The long-term trend has been DOWN since Nov 1st, 2020 at 0.213501
The intermediate-term trend has been UP since Nov 30th, 2020 at 0.215255
The short-term trend has been UP since Nov 24th, 2020 at 0.214330
Smart Scan Analysis for DKKSGD
Based on our trend formula, DKKSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).