Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Singapore Dollar/Norwegian Krone (FOREX:SGDNOK)
Long-Term Uptrend (+90) - SGDNOK is in a strong uptrend that is likely to continue. While SGDNOK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SGDNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDNOK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SGDNOK
The long-term trend has been UP since Apr 1st, 2024 at 8.070499
The intermediate-term trend has been UP since Mar 12th, 2024 at 7.907800
The short-term trend has been UP since Apr 10th, 2024 at 7.982621
Smart Scan Analysis for SGDNOK
Based on our trend formula, SGDNOK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.110751 | 8.126441 | 8.056281 | 8.083094 | -0.027657 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.110751 | 2024-04-19 17:04:52 |