Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, January 18, 2025.
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.
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MarketClub’s Trade Triangles for DKKSEK
The long-term trend has been UP since Mar 27th, 2024 at 1.533320
The intermediate-term trend has been DOWN since Nov 24th, 2024 at 1.540900
The short-term trend has been UP since Jan 17th, 2025 at 1.544975
Smart Scan Analysis for DKKSEK
Based on our trend formula, DKKSEK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.538995 | 1.545500 | 1.538750 | 1.541000 | +0.002005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.538995 | 2025-01-17 17:06:42 |