Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Danish Krone/Czech Koruna (FOREX:DKKCZK)

Weak Downtrend (-65) - DKKCZK is showing signs of a strengthening downtrend. Monitor DKKCZK as it may be building momentum to the downside.

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.

FOREX_DKKCZK
Open High Low DKKCZK Price Change
3.28905 3.30425 3.28850 3.29845 +0.00940
Entry Signal

MarketClub’s Trade Triangles for DKKCZK

long term down The long-term trend has been DOWN since Jul 13th, 2022 at 3.26645

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2022 at 3.31375

short term up The short-term trend has been UP since Aug 15th, 2022 at 3.27940

Smart Scan Analysis for DKKCZK

Based on our trend formula, DKKCZK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.28905 3.30425 3.28850 3.29845 +0.00940
Prev. Close Volume Bid Ask Time
3.28905 2022-08-16 16:18:57
Get a free daily analysis and signals for Danish Krone/Czech Koruna (DKKCZK) - Request Your Free Report.