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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

Australian Dollar/Danish Krone (FOREX:AUDDKK)

Crossroads (-60) - AUDDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
4.8744 4.9049 4.8687 4.8962 +0.0218
Entry Signal

MarketClub’s Trade Triangles for AUDDKK

long term up The long-term trend has been UP since Mar 1st, 2022 at 4.82820

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2022 at 4.89920

short term down The short-term trend has been DOWN since Jun 21st, 2022 at 4.89985

Smart Scan Analysis for AUDDKK

Based on our trend formula, AUDDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for AUDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8744 4.9049 4.8687 4.8962 +0.0218
Prev. Close Volume Bid Ask Time
4.8744 2022-06-24 17:03:22
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