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.
MarketClub’s Trade Triangles for AUDDKK
The long-term trend has been UP since Oct 14th, 2021 at 4.7622
The intermediate-term trend has been UP since Oct 3rd, 2021 at 4.6652
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).