Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Swedish Krona/Danish Krone (FOREX:SEKDKK)

Long-Term Uptrend (+90) - SEKDKK is in a strong uptrend that is likely to continue. While SEKDKK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.74285 0.74540 0.74140 0.74486 +0.00201
Entry Signal

MarketClub’s Trade Triangles for SEKDKK

long term up The long-term trend has been UP since Oct 8th, 2021 at 0.7352

intermediate term up The intermediate-term trend has been UP since Sep 23rd, 2021 at 0.7344

short term up The short-term trend has been UP since Oct 13th, 2021 at 0.7372

Smart Scan Analysis for SEKDKK

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

+90
Smart Scan Analysis for SEKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.74285 0.74540 0.74140 0.74486 +0.00201
Prev. Close Volume Bid Ask Time
0.74285 2021-10-15 17:01:17
Get a free daily analysis and signals for Swedish Krona/Danish Krone (SEKDKK) - Request Your Free Report.