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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Canadian Dollar/Danish Krone (FOREX:CADDKK)
Sidelines Mode (-55) - CADDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CADDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADDKK.
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 CADDKK
The long-term trend has been DOWN since Mar 3rd, 2025 at 4.9184
The intermediate-term trend has been UP since May 11th, 2025 at 4.7953
The short-term trend has been DOWN since May 29th, 2025 at 4.7562
Smart Scan Analysis for CADDKK
Based on our trend formula, CADDKK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.7556 | 4.7928 | 4.7540 | 4.7838 | +0.0282 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.7556 | 2025-05-30 17:04:15 |