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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Danish Krone/Swedish Krona (FOREX:DKKSEK)
Strong Downtrend (-100) - DKKSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKSEK continues to fall. 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.
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MarketClub’s Trade Triangles for DKKSEK
The long-term trend has been DOWN since Feb 6th, 2025 at 1.51490
The intermediate-term trend has been DOWN since Nov 24th, 2024 at 1.54090
The short-term trend has been DOWN since Feb 3rd, 2025 at 1.53398
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 |
|---|---|---|---|---|
| 1.496770 | 1.497550 | 1.490365 | 1.494000 | -0.002770 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.496770 | 2025-02-21 17:03:30 |