Forex Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
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.
MarketClub’s Trade Triangles for CZKDKK
The long-term trend has been UP since Dec 17th, 2021 at 0.2955425
The intermediate-term trend has been UP since Dec 14th, 2021 at 0.2936960
The short-term trend has been UP since Jan 28th, 2022 at 0.3048530
Smart Scan Analysis for CZKDKK
Based on our trend formula, CZKDKK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).