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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Danish Krone/Australian Dollar (FOREX:DKKAUD)

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

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.

FOREX_DKKAUD
Open High Low DKKAUD Price Change
0.22040593 0.22046678 0.21926700 0.21954976 -0.00085600
Entry Signal

MarketClub’s Trade Triangles for DKKAUD

long term up The long-term trend has been UP since Mar 5th, 2024 at 0.22404226

intermediate term down The intermediate-term trend has been DOWN since Apr 26th, 2024 at 0.21940740

short term down The short-term trend has been DOWN since Apr 21st, 2024 at 0.22164046

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).

-70
Smart Scan Analysis for DKKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22040593 0.22046678 0.21926700 0.21954976 -0.00085600
Prev. Close Volume Bid Ask Time
0.22040593 2024-04-26 12:10:51
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