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.
MarketClub’s Trade Triangles for DKKCZK
The long-term trend has been DOWN since Jul 13th, 2022 at 3.26645
The intermediate-term trend has been DOWN since Jul 8th, 2022 at 3.31375
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).