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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.
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MarketClub’s Trade Triangles for CZKDKK
The long-term trend has been DOWN since Jul 24th, 2024 at 0.2931320
The intermediate-term trend has been UP since Dec 2nd, 2024 at 0.2955415
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).
| 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 |