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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Czech Koruna/Danish Krone (FOREX:CZKDKK)

Sidelines Mode (+50) - CZKDKK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CZKDKK can gain momentum.

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
0.2966980 0.2971705 0.2963215 0.2968935 +0.0001950
Entry Signal

MarketClub’s Trade Triangles for CZKDKK

long term down The long-term trend has been DOWN since Jul 24th, 2024 at 0.2931320

intermediate term up The intermediate-term trend has been UP since Dec 2nd, 2024 at 0.2955415

short term up The short-term trend has been UP since Dec 22nd, 2024 at 0.2974325

Smart Scan Analysis for CZKDKK

Based on our trend formula, CZKDKK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for CZKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2966980 0.2971705 0.2963215 0.2968935 +0.0001950
Prev. Close Volume Bid Ask Time
0.2966980 2024-12-26 19:19:01
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