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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Danish Krone/Swedish Krona (FOREX:DKKSEK)

Bull Market Weakness (+75) - DKKSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKSEK as it may be in the beginning stages of a reversal.

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
1.37783 1.37794 1.37610 1.37766 -0.00017
Entry Signal

MarketClub’s Trade Triangles for DKKSEK

long term down The long-term trend has been DOWN since Nov 9th, 2020 at 1.374000

intermediate term up The intermediate-term trend has been UP since Dec 2nd, 2020 at 1.381905

short term up The short-term trend has been UP since Dec 1st, 2020 at 1.376425

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
1.37783 1.37794 1.37610 1.37766 -0.00017
Prev. Close Volume Bid Ask Time
1.37783 2020-12-04 02:42:28
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