Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Canadian Dollar/Danish Krone (FOREX:CADDKK)

Bear Market Rally (-75) - CADDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADDKK as it may be in the beginning of a reversal.

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

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

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

FOREX_CADDKK
Open High Low CADDKK Price Change
4.7734 4.7768 4.7642 4.7650 -0.0084
Entry Signal

MarketClub’s Trade Triangles for CADDKK

long term down The long-term trend has been DOWN since Mar 3rd, 2025 at 4.91840

intermediate term down The intermediate-term trend has been DOWN since Mar 3rd, 2025 at 4.94055

short term down The short-term trend has been DOWN since May 5th, 2025 at 4.75580

Smart Scan Analysis for CADDKK

Based on our trend formula, CADDKK is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CADDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7734 4.7768 4.7642 4.7650 -0.0084
Prev. Close Volume Bid Ask Time
4.7734 2025-05-09 03:41:59
Get a free daily analysis and signals for Canadian Dollar/Danish Krone (CADDKK) - Request Your Free Report.