Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Danish Krone/Australian Dollar (FOREX:DKKAUD)
Weak Uptrend (+65) - DKKAUD is showing signs of weakening momentum to the upside. Monitor DKKAUD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for DKKAUD
The long-term trend has been UP since Jan 30th, 2020 at 0.2199440
The intermediate-term trend has been UP since Feb 26th, 2020 at 0.2221115
The short-term trend has been DOWN since Mar 20th, 2020 at 0.2418105
Smart Scan Analysis for DKKAUD
Based on our trend formula, DKKAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).