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.
MarketClub’s Trade Triangles for SGDCZK
The long-term trend has been UP since Oct 8th, 2021 at 16.2365
The intermediate-term trend has been UP since Nov 19th, 2021 at 16.4885
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).