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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Danish Krone/Australian Dollar (FOREX:DKKAUD)

Weak Downtrend (-65) - DKKAUD is showing signs of a strengthening downtrend. Monitor DKKAUD as it may be building momentum to the downside.

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
0.20968460 0.20981991 0.20912400 0.20930907 -0.00037600
Entry Signal

MarketClub’s Trade Triangles for DKKAUD

long term down The long-term trend has been DOWN since Nov 24th, 2020 at 0.21673500

intermediate term down The intermediate-term trend has been DOWN since Dec 10th, 2020 at 0.21656962

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.20881326

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).

-65
Smart Scan Analysis for DKKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20968460 0.20981991 0.20912400 0.20930907 -0.00037600
Prev. Close Volume Bid Ask Time
0.20968460 2021-03-01 06:15:16
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