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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Danish Krone/Australian Dollar (FOREX:DKKAUD)

Weak Uptrend (+65) - DKKAUD is showing signs of weakening momentum to the upside. Monitor DKKAUD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid DKKAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKAUD
Open High Low DKKAUD Price Change
0.22023681 0.22101916 0.22003600 0.22092913 +0.00069200
Entry Signal

MarketClub’s Trade Triangles for DKKAUD

long term up The long-term trend has been UP since Mar 5th, 2024 at 0.22404226

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 0.22293208

short term down The short-term trend has been DOWN since Apr 21st, 2024 at 0.22164046

Smart Scan Analysis for DKKAUD

Based on our trend formula, DKKAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for DKKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22023681 0.22101916 0.22003600 0.22092913 +0.00069200
Prev. Close Volume Bid Ask Time
0.22023681 2024-04-24 12:29:43
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