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Forex Trend Analysis Report

Prepared for you on Monday, March 31, 2025.

Singapore Dollar/Danish Krone (FOREX:SGDDKK)

Long-Term Downtrend (-90) - SGDDKK is in a strong downtrend that is likely to continue. While SGDDKK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
5.1357083 5.1440336 5.1311876 5.1347422 -0.0009660
Entry Signal

MarketClub’s Trade Triangles for SGDDKK

long term down The long-term trend has been DOWN since Mar 11th, 2025 at 5.1353853

intermediate term down The intermediate-term trend has been DOWN since Mar 3rd, 2025 at 5.2951316

short term down The short-term trend has been DOWN since Mar 28th, 2025 at 5.1530571

Smart Scan Analysis for SGDDKK

Based on our trend formula, SGDDKK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SGDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1357083 5.1440336 5.1311876 5.1347422 -0.0009660
Prev. Close Volume Bid Ask Time
5.1357083 2025-03-31 16:58:32
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