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Forex Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

Danish Krone/Singapore Dollar (FOREX:DKKSGD)

Weak Downtrend (-65) - DKKSGD is showing signs of a strengthening downtrend. Monitor DKKSGD as it may be building momentum to the downside.

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
0.2154055 0.2155045 0.2144330 0.2145730 -0.0008320
Entry Signal

MarketClub’s Trade Triangles for DKKSGD

long term up The long-term trend has been UP since Feb 3rd, 2020 at 0.2030550

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 0.2162250

short term down The short-term trend has been DOWN since Sep 15th, 2020 at 0.2173465

Smart Scan Analysis for DKKSGD

Based on our trend formula, DKKSGD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2154055 0.2155045 0.2144330 0.2145730 -0.0008320
Prev. Close Volume Bid Ask Time
0.2154055 0.2145490 0.2145970 2020-09-22 23:01:54
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