Forex Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
Czech Koruna/Danish Krone (FOREX:CZKDKK)
Long-Term Uptrend (+90) - CZKDKK is in a strong uptrend that is likely to continue. While CZKDKK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
MarketClub’s Trade Triangles for CZKDKK
The long-term trend has been UP since Dec 16th, 2020 at 0.28507525
The intermediate-term trend has been UP since Apr 5th, 2021 at 0.28601850
The short-term trend has been UP since Apr 14th, 2021 at 0.28721800
Smart Scan Analysis for CZKDKK
Based on our trend formula, CZKDKK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).