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Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

Czech Koruna/Danish Krone (FOREX:CZKDKK)

Countertrend Up (+85) - CZKDKK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid CZKDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for CZKDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CZKDKK
Open High Low CZKDKK Price Change
0.31179600 0.31316950 0.31174721 0.31286350 +0.00106700
Entry Signal

MarketClub’s Trade Triangles for CZKDKK

long term up The long-term trend has been UP since Jul 13th, 2022 at 0.30614250

intermediate term up The intermediate-term trend has been UP since Dec 11th, 2022 at 0.30654571

short term down The short-term trend has been DOWN since Feb 6th, 2023 at 0.31239300

Smart Scan Analysis for CZKDKK

Based on our trend formula, CZKDKK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CZKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.31179600 0.31316950 0.31174721 0.31286350 +0.00106700
Prev. Close Volume Bid Ask Time
0.31179600 2023-02-07 13:45:07
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