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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Danish Krone/Australian Dollar (FOREX:DKKAUD)
Bull Market Weakness (+75) - DKKAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKAUD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DKKAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKAUD.
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 DKKAUD
The long-term trend has been DOWN since May 3rd, 2024 at 0.21843028
The intermediate-term trend has been UP since Jul 16th, 2024 at 0.21691300
The short-term trend has been UP since Jul 12th, 2024 at 0.21569069
Smart Scan Analysis for DKKAUD
Based on our trend formula, DKKAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.22210148 | 0.22301430 | 0.22145200 | 0.22254976 | +0.00044800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.22210148 | 2024-07-26 17:03:32 |