Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Swedish Krona/Danish Krone (FOREX:SEKDKK)
Strong Downtrend (-100) - SEKDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKDKK continues to fall. Traders should use caution and set stops.
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 Apr 25th, 2022 at 0.71540
The short-term trend has been DOWN since Jun 23rd, 2022 at 0.69531
Smart Scan Analysis for SEKDKK
Based on our trend formula, SEKDKK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).