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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 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.
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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 DOWN since May 30th, 2025 at 5.0720000
The short-term trend has been DOWN since May 29th, 2025 at 5.0943211
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.1013793 | 5.1050844 | 5.0705414 | 5.0705414 | -0.0308380 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.1013793 | 2025-05-30 17:02:38 |