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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Danish Krone/Czech Koruna (FOREX:DKKCZK)
Sidelines Mode (+55) - DKKCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 20th, 2023 at 3.2170
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 3.3830
The short-term trend has been UP since Apr 23rd, 2024 at 3.3917
Smart Scan Analysis for DKKCZK
Based on our trend formula, DKKCZK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.37665 | 3.38840 | 3.37650 | 3.38590 | +0.00925 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.37665 | 2024-04-24 11:59:10 |