Forex Trend Analysis Report
Prepared for you on Friday, November 1, 2024.
Singapore Dollar/Danish Krone (FOREX:SGDDKK)
Crossroads (-60) - SGDDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Oct 30th, 2024 at 5.1904063
The short-term trend has been DOWN since Oct 21st, 2024 at 5.2261974
Smart Scan Analysis for SGDDKK
Based on our trend formula, SGDDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
5.1834386 | 5.1930011 | 5.1740436 | 5.1899000 | +0.0064610 |
Prev. Close | Volume | Bid | Ask | Time |
5.1834386 | 2024-11-01 15:09:46 |