Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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.

FOREX_DKKAUD
Open High Low DKKAUD Price Change
0.22215750 0.22293208 0.22186100 0.22200546 -0.00015200
Entry Signal

MarketClub’s Trade Triangles for DKKAUD

long term up The long-term trend has been UP since Mar 5th, 2024 at 0.22404226

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2024 at 0.22068670

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 0.22219250

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).

-60
Smart Scan Analysis for DKKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22215750 0.22293208 0.22186100 0.22200546 -0.00015200
Prev. Close Volume Bid Ask Time
0.22215750 2024-03-28 18:11:57
Get a free daily analysis and signals for Danish Krone/Australian Dollar (DKKAUD) - Request Your Free Report.