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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Singapore Dollar/Czech Koruna (FOREX:SGDCZK)

Sidelines Mode (-55) - SGDCZK 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 SGDCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDCZK
Open High Low SGDCZK Price Change
17.803 17.818 17.744 17.744 -0.059
Entry Signal

MarketClub’s Trade Triangles for SGDCZK

long term up The long-term trend has been UP since Jul 31st, 2024 at 17.5520

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2024 at 17.7175

short term up The short-term trend has been UP since Dec 18th, 2024 at 17.7295

Smart Scan Analysis for SGDCZK

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

-55
Smart Scan Analysis for SGDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.803 17.818 17.744 17.744 -0.059
Prev. Close Volume Bid Ask Time
17.803 2024-12-26 10:41:48
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