Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Swedish Krona/Danish Krone (FOREX:SEKDKK)

Crossroads (-60) - SEKDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.735615 0.736930 0.729110 0.729950 -0.005665
Entry Signal

MarketClub’s Trade Triangles for SEKDKK

long term up The long-term trend has been UP since Nov 9th, 2020 at 0.727800

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.730010

short term down The short-term trend has been DOWN since Feb 23rd, 2021 at 0.738205

Smart Scan Analysis for SEKDKK

Based on our trend formula, SEKDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SEKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.735615 0.736930 0.729110 0.729950 -0.005665
Prev. Close Volume Bid Ask Time
0.735615 2021-02-26 17:11:42
Get a free daily analysis and signals for Swedish Krona/Danish Krone (SEKDKK) - Request Your Free Report.