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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Australian Dollar/Danish Krone (FOREX:AUDDKK)
Bull Market Weakness (+75) - AUDDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDDKK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AUDDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AUDDKK
The long-term trend has been UP since Oct 1st, 2024 at 4.65685
The intermediate-term trend has been DOWN since Oct 25th, 2024 at 4.55990
The short-term trend has been UP since Nov 19th, 2024 at 4.59140
Smart Scan Analysis for AUDDKK
Based on our trend formula, AUDDKK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.59710 | 4.60260 | 4.59400 | 4.60015 | +0.00305 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.59710 | 2024-11-20 03:38:59 |