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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Czech Koruna/Danish Krone (FOREX:CZKDKK)

Sidelines Mode (-55) - CZKDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.2749735 0.2768435 0.2744650 0.2767285 +0.0017550
Entry Signal

MarketClub’s Trade Triangles for CZKDKK

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 0.292207

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2020 at 0.269453

short term up The short-term trend has been UP since May 20th, 2020 at 0.271792

Smart Scan Analysis for CZKDKK

Based on our trend formula, CZKDKK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CZKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2749735 0.2768435 0.2744650 0.2767285 +0.0017550
Prev. Close Volume Bid Ask Time
0.2749735 0.2765480 0.2769090 2020-05-28 10:32:38
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