Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Danish Krone/Swedish Krona (FOREX:DKKSEK)
Strong Uptrend (+100) - DKKSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKSEK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 1.53332
The intermediate-term trend has been UP since Oct 16th, 2024 at 1.52823
The short-term trend has been UP since Nov 20th, 2024 at 1.55655
Smart Scan Analysis for DKKSEK
Based on our trend formula, DKKSEK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.557385 | 1.558100 | 1.553320 | 1.556020 | -0.001365 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.557385 | 2024-11-21 05:37:06 |