Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
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.
MarketClub’s Trade Triangles for DKKCZK
The long-term trend has been UP since Mar 9th, 2020 at 3.4220
The intermediate-term trend has been DOWN since May 29th, 2020 at 3.6113
The short-term trend has been DOWN since May 19th, 2020 at 3.6794
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).