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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.

FOREX_DKKSEK
Open High Low DKKSEK Price Change
1.419380 1.419450 1.418525 1.418915 -0.000465
Entry Signal

MarketClub’s Trade Triangles for DKKSEK

long term down The long-term trend has been DOWN since Nov 7th, 2019 at 1.422195

intermediate term down The intermediate-term trend has been DOWN since Feb 11th, 2020 at 1.408600

short term up 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).

-65
Smart Scan Analysis for DKKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.419380 1.419450 1.418525 1.418915 -0.000465
Prev. Close Volume Bid Ask Time
1.419380 1.418630 1.419200 2020-02-27 00:21:53
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