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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.

FOREX_DKKAUD
Open High Low DKKAUD Price Change
0.23950312 0.24177273 0.23903907 0.24146226 +0.00195900
Entry Signal

MarketClub’s Trade Triangles for DKKAUD

long term up The long-term trend has been UP since Jan 30th, 2020 at 0.2199440

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2020 at 0.2221115

short term down 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).

+65
Smart Scan Analysis for DKKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23950312 0.24177273 0.23903907 0.24146226 +0.00195900
Prev. Close Volume Bid Ask Time
0.23950312 0.24145093 0.24147358 2020-04-03 17:10:33
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