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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

Czech Koruna/Danish Krone (FOREX:CZKDKK)

Long-Term Downtrend (-90) - CZKDKK is in a strong downtrend that is likely to continue. While CZKDKK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.30055600 0.30073967 0.30051917 0.30069400 +0.00013800
Entry Signal

MarketClub’s Trade Triangles for CZKDKK

long term down The long-term trend has been DOWN since Mar 2nd, 2022 at 0.29077600

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2022 at 0.30044303

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 0.30062050

Smart Scan Analysis for CZKDKK

Based on our trend formula, CZKDKK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CZKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30055600 0.30073967 0.30051917 0.30069400 +0.00013800
Prev. Close Volume Bid Ask Time
0.30055600 2022-07-04 16:28:27
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