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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 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.

FOREX_SGDDKK
Open High Low SGDDKK Price Change
5.1549488 5.1549488 5.1549488 5.1549488 0.0000000
Entry Signal

MarketClub’s Trade Triangles for SGDDKK

long term down The long-term trend has been DOWN since Dec 6th, 2023 at 5.0672910

intermediate term up The intermediate-term trend has been UP since Apr 11th, 2024 at 5.1425500

short term up The short-term trend has been UP since Apr 10th, 2024 at 5.1127402

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).

+70
Smart Scan Analysis for SGDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1549488 5.1549488 5.1549488 5.1549488 0.0000000
Prev. Close Volume Bid Ask Time
5.1549488 2024-04-13 18:02:07
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