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Forex Trend Analysis Report
Prepared for you on Thursday, November 14, 2024.
Danish Krone/Australian Dollar (FOREX:DKKAUD)
Sidelines Mode (+50) - DKKAUD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DKKAUD can gain 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.
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MarketClub’s Trade Triangles for DKKAUD
The long-term trend has been DOWN since Sep 24th, 2024 at 0.21447350
The intermediate-term trend has been UP since Oct 28th, 2024 at 0.22035476
The short-term trend has been UP since Nov 13th, 2024 at 0.21839657
Smart Scan Analysis for DKKAUD
Based on our trend formula, DKKAUD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21859118 | 0.21892200 | 0.21803727 | 0.21882604 | +0.00023500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21859118 | 2024-11-14 19:55:18 |