Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Australian Dollar/Danish Krone (FOREX:AUDDKK)
Weak Downtrend (-65) - AUDDKK is showing signs of a strengthening downtrend. Monitor AUDDKK as it may be building momentum to the downside.
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 May 3rd, 2024 at 4.5782
The intermediate-term trend has been DOWN since Jul 16th, 2024 at 4.6096
The short-term trend has been DOWN since Jul 12th, 2024 at 4.6359
Smart Scan Analysis for AUDDKK
Based on our trend formula, AUDDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5021 | 4.5159 | 4.4973 | 4.5000 | -0.0021 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.5021 | 2024-07-26 17:02:14 |
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