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Forex Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

Danish Krone/Singapore Dollar (FOREX:DKKSGD)

Strong Downtrend (-100) - DKKSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKSGD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DKKSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKSGD.

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FOREX_DKKSGD
Open High Low DKKSGD Price Change
0.1970585 0.1973215 0.1959205 0.1962700 -0.0007880
Entry Signal

MarketClub’s Trade Triangles for DKKSGD

long term down The long-term trend has been DOWN since Aug 24th, 2021 at 0.2138105

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.1956205

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 0.1963215

Smart Scan Analysis for DKKSGD

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

-100
Smart Scan Analysis for DKKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1970585 0.1973215 0.1959205 0.1962700 -0.0007880
Prev. Close Volume Bid Ask Time
0.1970585 2022-06-28 17:30:17
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