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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

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
0.2998720 0.3007515 0.2998535 0.3004260 +0.0005540
Entry Signal

MarketClub’s Trade Triangles for CZKDKK

long term up The long-term trend has been UP since May 13th, 2024 at 0.3004925

intermediate term down The intermediate-term trend has been DOWN since Jun 18th, 2024 at 0.3008845

short term up The short-term trend has been UP since Jun 25th, 2024 at 0.3002595

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
0.2998720 0.3007515 0.2998535 0.3004260 +0.0005540
Prev. Close Volume Bid Ask Time
0.2998720 2024-06-25 13:25:33
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