Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
Danish Krone/Australian Dollar (FOREX:DKKAUD)
Weak Uptrend (+65) - DKKAUD is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for DKKAUD
The long-term trend has been UP since Oct 4th, 2022 at 0.20699200
The intermediate-term trend has been UP since Nov 10th, 2023 at 0.22572913
The short-term trend has been DOWN since Nov 20th, 2023 at 0.22325687
Smart Scan Analysis for DKKAUD
Based on our trend formula, DKKAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).