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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

Canadian Dollar/Danish Krone (FOREX:CADDKK)

Weak Downtrend (-65) - CADDKK is showing signs of a strengthening downtrend. Monitor CADDKK as it may be building momentum to the downside.

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.

FOREX_CADDKK
Open High Low CADDKK Price Change
4.86185 4.90675 4.85640 4.86210 +0.00025
Entry Signal

MarketClub’s Trade Triangles for CADDKK

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 5.0586

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2020 at 5.0763

short term up The short-term trend has been UP since Apr 2nd, 2020 at 4.8342

Smart Scan Analysis for CADDKK

Based on our trend formula, CADDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CADDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.86185 4.90675 4.85640 4.86210 +0.00025
Prev. Close Volume Bid Ask Time
4.86185 4.85830 4.86590 2020-04-03 17:10:33
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