Forex Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
Danish Krone/Czech Koruna (FOREX:DKKCZK)
Bull Market Weakness (+75) - DKKCZK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKCZK as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for DKKCZK
The long-term trend has been UP since Jul 20th, 2023 at 3.2170
The intermediate-term trend has been UP since Jun 12th, 2023 at 3.1928
The short-term trend has been UP since Sep 27th, 2023 at 3.2825
Smart Scan Analysis for DKKCZK
Based on our trend formula, DKKCZK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).