Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 13, 2024.

Swedish Krona/Danish Krone (FOREX:SEKDKK)

Weak Downtrend (-65) - SEKDKK is showing signs of a strengthening downtrend. Monitor SEKDKK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SEKDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKDKK
Open High Low SEKDKK Price Change
0.64628 0.64853 0.64620 0.64680 +0.00052
Entry Signal

MarketClub’s Trade Triangles for SEKDKK

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 0.643705

intermediate term down The intermediate-term trend has been DOWN since Oct 16th, 2024 at 0.654120

short term up The short-term trend has been UP since Dec 12th, 2024 at 0.648440

Smart Scan Analysis for SEKDKK

Based on our trend formula, SEKDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SEKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.64628 0.64853 0.64620 0.64680 +0.00052
Prev. Close Volume Bid Ask Time
0.64628 2024-12-13 17:06:23
Get a free daily analysis and signals for Swedish Krona/Danish Krone (SEKDKK) - Request Your Free Report.