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.
MarketClub’s Trade Triangles for DKKAUD
The long-term trend has been DOWN since Nov 24th, 2020 at 0.21673500
The intermediate-term trend has been DOWN since Dec 10th, 2020 at 0.21656962
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).