Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/Czech Koruna (FOREX:DKKCZK)
Weak Downtrend (-65) - DKKCZK is showing signs of a strengthening downtrend. Monitor DKKCZK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DKKCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCZK.
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 DKKCZK
The long-term trend has been UP since Jul 20th, 2023 at 3.217
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 3.383
The short-term trend has been DOWN since May 1st, 2024 at 3.366
Smart Scan Analysis for DKKCZK
Based on our trend formula, DKKCZK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.3532 | 3.3540 | 3.3530 | 3.3532 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.3532 | 2024-05-09 00:24:04 |
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