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Forex Trend Analysis Report

Prepared for you on Saturday, December 14, 2024.

Australian Dollar/Danish Krone (FOREX:AUDDKK)

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

Is it time to buy, sell, or avoid AUDDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDDKK
Open High Low AUDDKK Price Change
4.5387 4.5428 4.5109 4.5109 -0.0278
Entry Signal

MarketClub’s Trade Triangles for AUDDKK

long term up The long-term trend has been UP since Oct 1st, 2024 at 4.65685

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 4.55760

short term down The short-term trend has been DOWN since Dec 3rd, 2024 at 4.58410

Smart Scan Analysis for AUDDKK

Based on our trend formula, AUDDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AUDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5387 4.5428 4.5109 4.5109 -0.0278
Prev. Close Volume Bid Ask Time
4.5387 2024-12-13 17:06:29
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