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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Singapore Dollar/Danish Krone (FOREX:SGDDKK)
Weak Downtrend (-65) - SGDDKK is showing signs of a strengthening downtrend. Monitor SGDDKK as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for SGDDKK
The long-term trend has been DOWN since May 24th, 2024 at 5.0742594
The intermediate-term trend has been DOWN since Jul 1st, 2024 at 5.1099187
The short-term trend has been UP since Jul 23rd, 2024 at 5.1020468
Smart Scan Analysis for SGDDKK
Based on our trend formula, SGDDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.1177033 | 5.1319617 | 5.1115961 | 5.1132171 | -0.0044860 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.1177033 | 2024-07-26 17:04:33 |