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Forex Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
Czech Koruna/Danish Krone (FOREX:CZKDKK)
Long-Term Downtrend (-90) - CZKDKK is in a strong downtrend that is likely to continue. While CZKDKK 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 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.
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MarketClub’s Trade Triangles for CZKDKK
The long-term trend has been DOWN since Jul 24th, 2024 at 0.2931320
The intermediate-term trend has been DOWN since Dec 30th, 2024 at 0.2956960
The short-term trend has been DOWN since Dec 27th, 2024 at 0.2963215
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.29609700 | 0.29641100 | 0.29583959 | 0.29635900 | +0.00026200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.29609700 | 2025-01-02 10:51:36 |