Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Danish Krone/Australian Dollar (FOREX:DKKAUD)

Long-Term Downtrend (-90) - DKKAUD is in a strong downtrend that is likely to continue. While DKKAUD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.19409297 0.19557350 0.19393050 0.19464220 +0.00054900
Entry Signal

MarketClub’s Trade Triangles for DKKAUD

long term down The long-term trend has been DOWN since Aug 12th, 2022 at 0.19491950

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2022 at 0.19982900

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 0.19581898

Smart Scan Analysis for DKKAUD

Based on our trend formula, DKKAUD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DKKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19409297 0.19557350 0.19393050 0.19464220 +0.00054900
Prev. Close Volume Bid Ask Time
0.19409297 2022-08-15 17:24:09
Get a free daily analysis and signals for Danish Krone/Australian Dollar (DKKAUD) - Request Your Free Report.