Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
Czech Koruna/Danish Krone (FOREX:CZKDKK)
Crossroads (-60) - CZKDKK is struggling to move into a solid trend. Beware of choppy markets 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.
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 Feb 25th, 2021 at 0.28526534
The short-term trend has been DOWN since Mar 4th, 2021 at 0.28329100
Smart Scan Analysis for CZKDKK
Based on our trend formula, CZKDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).