Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
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.
MarketClub’s Trade Triangles for DKKSEK
The long-term trend has been DOWN since Nov 7th, 2019 at 1.422195
The intermediate-term trend has been DOWN since Feb 11th, 2020 at 1.408600
The short-term trend has been UP since Feb 17th, 2020 at 1.411200
Smart Scan Analysis for DKKSEK
Based on our trend formula, DKKSEK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).