Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Singapore Dollar/Norwegian Krone (FOREX:SGDNOK)

Strong Uptrend (+100) - SGDNOK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDNOK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_SGDNOK
Open High Low SGDNOK Price Change
8.352303 8.352303 8.352303 8.352303 0.000000
Entry Signal

MarketClub’s Trade Triangles for SGDNOK

long term up The long-term trend has been UP since Jul 22nd, 2024 at 8.161306

intermediate term up The intermediate-term trend has been UP since Dec 6th, 2024 at 8.320623

short term up The short-term trend has been UP since Dec 17th, 2024 at 8.305170

Smart Scan Analysis for SGDNOK

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

+100
Smart Scan Analysis for SGDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.352303 8.352303 8.352303 8.352303 0.000000
Prev. Close Volume Bid Ask Time
8.352303 2024-12-21 06:23:56
Get a free daily analysis and signals for Singapore Dollar/Norwegian Krone (SGDNOK) - Request Your Free Report.