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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.

FOREX_SEKDKK
Open High Low SEKDKK Price Change
0.66404 0.66650 0.66350 0.66480 +0.00076
Entry Signal

MarketClub’s Trade Triangles for SEKDKK

long term down The long-term trend has been DOWN since Nov 26th, 2021 at 0.71990

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2023 at 0.66342

short term down 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).

-70
Smart Scan Analysis for SEKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.66404 0.66650 0.66350 0.66480 +0.00076
Prev. Close Volume Bid Ask Time
0.66404 2023-03-27 15:22:47
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