Forex Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
Singapore Dollar/Danish Krone (FOREX:SGDDKK)
Weak Downtrend (-65) - SGDDKK is showing signs of a strengthening downtrend. Monitor SGDDKK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SGDDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGDDKK
The long-term trend has been UP since Mar 1st, 2021 at 4.6536432
The intermediate-term trend has been DOWN since Apr 13th, 2021 at 4.6443870
The short-term trend has been DOWN since Apr 5th, 2021 at 4.6920396
Smart Scan Analysis for SGDDKK
Based on our trend formula, SGDDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).