Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Singapore Dollar/Norwegian Krone (FOREX:SGDNOK)
Bear Market Rally (-75) - SGDNOK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGDNOK as it may be in the beginning of a reversal.
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 May 21st, 2025 at 7.877750
The short-term trend has been UP since May 28th, 2025 at 7.895278
Smart Scan Analysis for SGDNOK
Based on our trend formula, SGDNOK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.874450 | 7.929050 | 7.860470 | 7.864938 | -0.009512 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.874450 | 2025-05-30 17:02:38 |