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Forex Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

Singapore Dollar/Czech Koruna (FOREX:SGDCZK)

Sidelines Mode (+55) - SGDCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_SGDCZK
Open High Low SGDCZK Price Change
16.4505 16.4750 16.3650 16.3770 -0.0735
Entry Signal

MarketClub’s Trade Triangles for SGDCZK

long term up The long-term trend has been UP since Oct 8th, 2021 at 16.2365

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2021 at 16.4885

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 16.5215

Smart Scan Analysis for SGDCZK

Based on our trend formula, SGDCZK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SGDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.4505 16.4750 16.3650 16.3770 -0.0735
Prev. Close Volume Bid Ask Time
16.4505 2021-12-03 17:02:48
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