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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Australian Dollar/Danish Krone (FOREX:AUDDKK)
Crossroads (+60) - AUDDKK 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 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 DOWN since Mar 5th, 2024 at 4.4634
The intermediate-term trend has been UP since Apr 26th, 2024 at 4.5570
The short-term trend has been UP since Apr 21st, 2024 at 4.5130
Smart Scan Analysis for AUDDKK
Based on our trend formula, AUDDKK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.53705 | 4.56190 | 4.53490 | 4.55540 | +0.01835 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.53705 | 2024-04-26 17:00:39 |