Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, December 14, 2024.

Danish Krone/Australian Dollar (FOREX:DKKAUD)

Strong Uptrend (+100) - DKKAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKAUD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_DKKAUD
Open High Low DKKAUD Price Change
0.22034347 0.22151584 0.22015593 0.22148474 +0.00114100
Entry Signal

MarketClub’s Trade Triangles for DKKAUD

long term up The long-term trend has been UP since Dec 10th, 2024 at 0.22295060

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2024 at 0.21936637

short term up The short-term trend has been UP since Nov 25th, 2024 at 0.21716200

Smart Scan Analysis for DKKAUD

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

+100
Smart Scan Analysis for DKKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22034347 0.22151584 0.22015593 0.22148474 +0.00114100
Prev. Close Volume Bid Ask Time
0.22078593 2024-12-13 17:06:31
Get a free daily analysis and signals for Danish Krone/Australian Dollar (DKKAUD) - Request Your Free Report.