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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Singapore Dollar/Norwegian Krone (FOREX:SGDNOK)
Long-Term Downtrend (-90) - SGDNOK is in a strong downtrend that is likely to continue. While SGDNOK 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 SGDNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDNOK.
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 SGDNOK
The long-term trend has been DOWN since Mar 7th, 2025 at 8.127233
The intermediate-term trend has been DOWN since Feb 10th, 2025 at 8.281440
The short-term trend has been DOWN since Mar 28th, 2025 at 7.811302
Smart Scan Analysis for SGDNOK
Based on our trend formula, SGDNOK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.824692 | 7.870984 | 7.800050 | 7.827500 | +0.002808 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.824692 | 2025-03-31 16:53:20 |