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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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
0.648580 0.649185 0.643705 0.646100 -0.002480
Entry Signal

MarketClub’s Trade Triangles for SEKDKK

long term up The long-term trend has been UP since Nov 15th, 2023 at 0.649600

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.660330

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 0.664645

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
0.648580 0.649185 0.643705 0.646100 -0.002480
Prev. Close Volume Bid Ask Time
0.648580 2024-03-28 21:42:37
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