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.
MarketClub’s Trade Triangles for DKKCZK
The long-term trend has been DOWN since Nov 25th, 2019 at 3.40900
The intermediate-term trend has been DOWN since Sep 25th, 2019 at 3.45865
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).