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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Danish Krone/Canadian Dollar (FOREX:DKKCAD)
Countertrend Up (+85) - DKKCAD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DKKCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCAD.
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 DKKCAD
The long-term trend has been UP since Mar 3rd, 2025 at 0.2032310
The intermediate-term trend has been UP since Mar 3rd, 2025 at 0.2024050
The short-term trend has been UP since May 5th, 2025 at 0.2102505
Smart Scan Analysis for DKKCAD
Based on our trend formula, DKKCAD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20948045 | 0.21000001 | 0.20934202 | 0.20993200 | +0.00045200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20948045 | 2025-05-09 08:15:29 |