Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Australian Dollar/Danish Krone (FOREX:AUDDKK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low AUDDKK Price Change
4.63905 4.64095 4.62140 4.62530 -0.01375
Entry Signal

MarketClub’s Trade Triangles for AUDDKK

long term down The long term trend has been DOWN since May 13th, 2019 at 4.6288

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2019 at 4.7006

short term up The short term trend has been UP since May 19th, 2019 at 4.6242

Smart Scan Analysis for AUDDKK

Based on a pre-defined weighted trend formula for chart analysis, AUDDKK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for AUDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.63905 4.64095 4.62140 4.62530 -0.01375
Prev. Close Volume Bid Ask Time
4.63905 4.62270 4.62790 2019-05-19 16:55:35
Want to analyze Australian Dollar/Danish Krone AUDDKK or another symbol? Try our Free Forex Trend Analysis Report.