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.
MarketClub’s Trade Triangles for DKKAUD
The long-term trend has been DOWN since Mar 1st, 2022 at 0.20713460
The intermediate-term trend has been UP since Jun 21st, 2022 at 0.20413137
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).