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Forex Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

Danish Krone/Australian Dollar (FOREX:DKKAUD)

Crossroads (+60) - DKKAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.20515150 0.20538707 0.20389050 0.20416091 -0.00099100
Entry Signal

MarketClub’s Trade Triangles for DKKAUD

long term down The long-term trend has been DOWN since Mar 1st, 2022 at 0.20713460

intermediate term up The intermediate-term trend has been UP since Jun 21st, 2022 at 0.20413137

short term up The short-term trend has been UP since Jun 21st, 2022 at 0.20407929

Smart Scan Analysis for DKKAUD

Based on our trend formula, DKKAUD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DKKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20515150 0.20538707 0.20389050 0.20416091 -0.00099100
Prev. Close Volume Bid Ask Time
0.20515150 2022-06-24 17:03:21
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