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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Czech Koruna/Danish Krone (FOREX:CZKDKK)

Weak Downtrend (-65) - CZKDKK is showing signs of a strengthening downtrend. Monitor CZKDKK as it may be building momentum to the downside.

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
0.2914740 0.2915350 0.2903950 0.2906625 -0.0008120
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 Sep 28th, 2021 at 0.29171900

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 0.29252950

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
0.2914740 0.2915350 0.2903950 0.2906625 -0.0008120
Prev. Close Volume Bid Ask Time
0.2914740 2021-10-21 06:32:45
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