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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Danish Krone/Singapore Dollar (FOREX:DKKSGD)

Countertrend Down (-85) - DKKSGD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKSGD
Open High Low DKKSGD Price Change
0.1943825 0.1944220 0.1942370 0.1942555 -0.0001270
Entry Signal

MarketClub’s Trade Triangles for DKKSGD

long term down The long-term trend has been DOWN since Sep 27th, 2023 at 0.1932575

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 0.1947700

short term up The short-term trend has been UP since Apr 17th, 2024 at 0.1946430

Smart Scan Analysis for DKKSGD

Based on our trend formula, DKKSGD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DKKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1943825 0.1944220 0.1942370 0.1942555 -0.0001270
Prev. Close Volume Bid Ask Time
0.1943825 2024-04-19 01:10:18
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