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.
MarketClub’s Trade Triangles for CZKDKK
The long-term trend has been UP since Dec 16th, 2020 at 0.28507525
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 0.29171900
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).