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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Australian Dollar/Danish Krone (FOREX:AUDDKK)

Strong Uptrend (+100) - AUDDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDDKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_AUDDKK
Open High Low AUDDKK Price Change
4.7830 4.7914 4.7800 4.7894 +0.0064
Entry Signal

MarketClub’s Trade Triangles for AUDDKK

long term up The long-term trend has been UP since Oct 14th, 2021 at 4.7622

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2021 at 4.6652

short term up The short-term trend has been UP since Oct 19th, 2021 at 4.7689

Smart Scan Analysis for AUDDKK

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

+100
Smart Scan Analysis for AUDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7830 4.7914 4.7800 4.7894 +0.0064
Prev. Close Volume Bid Ask Time
4.7830 2021-10-22 02:43:49
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