Forex Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
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.
MarketClub’s Trade Triangles for SEKDKK
The long-term trend has been DOWN since Nov 26th, 2021 at 0.71990
The intermediate-term trend has been DOWN since Mar 7th, 2023 at 0.66342
The short-term trend has been DOWN since Mar 23rd, 2023 at 0.66303
Smart Scan Analysis for SEKDKK
Based on our trend formula, SEKDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).