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Forex Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

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
0.3068655 0.3070225 0.3059670 0.3067125 -0.0001530
Entry Signal

MarketClub’s Trade Triangles for CZKDKK

long term down The long-term trend has been DOWN since Jul 7th, 2023 at 0.3111450

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 0.3054095

short term down The short-term trend has been DOWN since Dec 1st, 2023 at 0.3058330

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
0.3068655 0.3070225 0.3059670 0.3067125 -0.0001530
Prev. Close Volume Bid Ask Time
0.3068655 2023-12-07 14:20:48
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