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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Danish Krone/Swedish Krona (FOREX:DKKSEK)

Weak Downtrend (-65) - DKKSEK is showing signs of a strengthening downtrend. Monitor DKKSEK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid DKKSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKSEK
Open High Low DKKSEK Price Change
1.546170 1.547300 1.540555 1.540975 -0.005195
Entry Signal

MarketClub’s Trade Triangles for DKKSEK

long term up The long-term trend has been UP since Mar 27th, 2024 at 1.53332

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2024 at 1.54090

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 1.53840

Smart Scan Analysis for DKKSEK

Based on our trend formula, DKKSEK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.546170 1.547300 1.540555 1.540975 -0.005195
Prev. Close Volume Bid Ask Time
1.546170 2024-12-26 07:23:27
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