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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Danish Krone/Singapore Dollar (FOREX:DKKSGD)
Strong Downtrend (-100) - DKKSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKSGD continues to fall. Traders should use caution and set stops.
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 Nov 8th, 2024 at 0.1904520
The short-term trend has been DOWN since Nov 19th, 2024 at 0.1894095
Smart Scan Analysis for DKKSGD
Based on our trend formula, DKKSGD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1900525 | 0.1901385 | 0.1898815 | 0.1899255 | -0.0001270 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1900525 | 2024-11-20 03:50:00 |