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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Danish Krone/Swedish Krona (FOREX:DKKSEK)

Long-Term Downtrend (-90) - DKKSEK is in a strong downtrend that is likely to continue. While DKKSEK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1.466005 1.466400 1.458315 1.462540 -0.003465
Entry Signal

MarketClub’s Trade Triangles for DKKSEK

long term down The long-term trend has been DOWN since Feb 6th, 2025 at 1.514900

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2025 at 1.456435

short term down The short-term trend has been DOWN since May 2nd, 2025 at 1.463800

Smart Scan Analysis for DKKSEK

Based on our trend formula, DKKSEK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DKKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.466005 1.466400 1.458315 1.462540 -0.003465
Prev. Close Volume Bid Ask Time
1.466005 2025-05-09 07:32:43
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