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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.

FOREX_SGDDKK
Open High Low SGDDKK Price Change
4.6594175 4.6622912 4.6439818 4.6454500 -0.0139670
Entry Signal

MarketClub’s Trade Triangles for SGDDKK

long term up The long-term trend has been UP since Mar 1st, 2021 at 4.6536432

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2021 at 4.6443870

short term down 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).

-70
Smart Scan Analysis for SGDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6594175 4.6622912 4.6439818 4.6454500 -0.0139670
Prev. Close Volume Bid Ask Time
4.6594175 2021-04-13 10:43:26
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