Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Danish Krone/Czech Koruna (FOREX:DKKCZK)
Countertrend Up (+85) - DKKCZK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DKKCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCZK.
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 DKKCZK
The long-term trend has been UP since Jul 24th, 2024 at 3.41150
The intermediate-term trend has been UP since Sep 24th, 2024 at 3.37315
The short-term trend has been UP since Nov 19th, 2024 at 3.39275
Smart Scan Analysis for DKKCZK
Based on our trend formula, DKKCZK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.38965 | 3.39070 | 3.38750 | 3.38995 | +0.00030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.38965 | 2024-11-20 03:28:11 |