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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Czech Koruna/Danish Krone (FOREX:CZKDKK)

Crossroads (+60) - CZKDKK 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 CZKDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for CZKDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CZKDKK
Open High Low CZKDKK Price Change
0.2954590 0.2959065 0.2954340 0.2955280 +0.0000690
Entry Signal

MarketClub’s Trade Triangles for CZKDKK

long term down The long-term trend has been DOWN since Jul 7th, 2023 at 0.311145

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 0.295415

short term up The short-term trend has been UP since Mar 8th, 2024 at 0.294413

Smart Scan Analysis for CZKDKK

Based on our trend formula, CZKDKK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CZKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2954590 0.2959065 0.2954340 0.2955280 +0.0000690
Prev. Close Volume Bid Ask Time
0.2954590 2024-03-19 06:07:39
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