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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

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
0.28162100 0.28359750 0.28160714 0.28337900 +0.00175800
Entry Signal

MarketClub’s Trade Triangles for CZKDKK

long term up The long-term trend has been UP since Dec 16th, 2020 at 0.28507525

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.28526534

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 0.28329100

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
0.28162100 0.28359750 0.28160714 0.28337900 +0.00175800
Prev. Close Volume Bid Ask Time
0.28162100 2021-03-09 04:46:20
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