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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Danish Krone/Australian Dollar (FOREX:DKKAUD)
Sidelines Mode (+55) - DKKAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Dec 10th, 2024 at 0.22295060
The intermediate-term trend has been UP since Dec 3rd, 2024 at 0.21936637
The short-term trend has been DOWN since Jan 13th, 2025 at 0.22249750
Smart Scan Analysis for DKKAUD
Based on our trend formula, DKKAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.22226900 | 0.22310817 | 0.22216989 | 0.22237800 | +0.00010900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.22226900 | 2025-01-20 09:48:21 |