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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Czech Koruna/Danish Krone (FOREX:CZKDKK)

Bull Market Weakness (+75) - CZKDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKDKK as it may be in the beginning stages of a reversal.

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
0.2954365 0.2962000 0.2953835 0.2957090 +0.0002730
Entry Signal

MarketClub’s Trade Triangles for CZKDKK

long term down The long-term trend has been DOWN since Jul 7th, 2023 at 0.31114500

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 0.29559102

short term up The short-term trend has been UP since Apr 24th, 2024 at 0.29615200

Smart Scan Analysis for CZKDKK

Based on our trend formula, CZKDKK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CZKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2954365 0.2962000 0.2953835 0.2957090 +0.0002730
Prev. Close Volume Bid Ask Time
0.2954365 2024-04-25 05:42:09
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