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Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Canadian Dollar/Danish Krone (FOREX:CADDKK)
Strong Uptrend (+100) - CADDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADDKK 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 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 UP since Jan 20th, 2021 at 4.8620
The intermediate-term trend has been UP since Jan 12th, 2021 at 4.7982
The short-term trend has been UP since Mar 2nd, 2021 at 4.8844
Smart Scan Analysis for CADDKK
Based on our trend formula, CADDKK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.91235 | 4.91915 | 4.89960 | 4.91545 | +0.00310 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.91235 | 2021-03-05 09:12:48 |