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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
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.
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MarketClub’s Trade Triangles for SGDDKK
The long-term trend has been DOWN since Mar 11th, 2025 at 5.1353853
The intermediate-term trend has been UP since May 5th, 2025 at 5.1059938
The short-term trend has been UP since Apr 30th, 2025 at 5.0232697
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.1132500 | 5.1166213 | 5.1037190 | 5.1096216 | -0.0036280 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.1132500 | 2025-05-09 07:41:55 |