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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Singapore Dollar/Danish Krone (FOREX:SGDDKK)
Strong Uptrend (+100) - SGDDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDDKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Sep 5th, 2024 at 5.1875160
The intermediate-term trend has been UP since Nov 10th, 2024 at 5.2523960
The short-term trend has been UP since Nov 19th, 2024 at 5.2807739
Smart Scan Analysis for SGDDKK
Based on our trend formula, SGDDKK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.2617278 | 5.2666279 | 5.2585308 | 5.2636699 | +0.0019420 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.2617278 | 2024-11-20 03:27:29 |