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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Danish Krone/Czech Koruna (FOREX:DKKCZK)

Long-Term Downtrend (-90) - DKKCZK is in a strong downtrend that is likely to continue. While DKKCZK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ?

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
3.33200 3.33270 3.31700 3.32455 -0.00745
Entry Signal

MarketClub’s Trade Triangles for DKKCZK

long term down The long-term trend has been DOWN since Nov 25th, 2019 at 3.40900

intermediate term down The intermediate-term trend has been DOWN since Sep 25th, 2019 at 3.45865

short term down The short-term trend has been DOWN since Jan 31st, 2020 at 3.37100

Smart Scan Analysis for DKKCZK

Based on our trend formula, DKKCZK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DKKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.33200 3.33270 3.31700 3.32455 -0.00745
Prev. Close Volume Bid Ask Time
3.33200 3.32180 3.32730 2020-02-17 17:50:53
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