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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Australian Dollar/Danish Krone (FOREX:AUDDKK)
Countertrend Down (-85) - AUDDKK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Dec 17th, 2024 at 4.48515
The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 4.55760
The short-term trend has been UP since Dec 25th, 2024 at 4.50810
Smart Scan Analysis for AUDDKK
Based on our trend formula, AUDDKK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.47670 | 4.48040 | 4.45220 | 4.45325 | -0.02345 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.47670 | 2024-12-26 16:51:56 |