Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Singapore Dollar/Danish Krone (FOREX:SGDDKK)
Bull Market Weakness (+75) - SGDDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDDKK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SGDDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SGDDKK
The long-term trend has been UP since Sep 5th, 2024 at 5.1875160
The intermediate-term trend has been UP since Dec 25th, 2024 at 5.3001972
The short-term trend has been UP since Dec 25th, 2024 at 5.3001972
Smart Scan Analysis for SGDDKK
Based on our trend formula, SGDDKK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.2823268 | 5.2858516 | 5.2696170 | 5.2702981 | -0.0120290 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.2823268 | 2024-12-26 10:33:53 |