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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.
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MarketClub’s Trade Triangles for AUDDKK
The long-term trend has been UP since Oct 1st, 2024 at 4.65685
The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 4.55760
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).
| 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 |