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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.
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MarketClub’s Trade Triangles for CADDKK
The long-term trend has been DOWN since Mar 3rd, 2025 at 4.91840
The intermediate-term trend has been DOWN since Mar 3rd, 2025 at 4.94055
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).
| 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 |