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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.

FOREX_CZKDKK
Open High Low CZKDKK Price Change
0.2868150 0.2871775 0.2865090 0.2866300 -0.0001850
Entry Signal

MarketClub’s Trade Triangles for CZKDKK

long term up The long-term trend has been UP since Dec 16th, 2020 at 0.28507525

intermediate term up The intermediate-term trend has been UP since Apr 5th, 2021 at 0.28601850

short term up 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).

+90
Smart Scan Analysis for CZKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2868150 0.2871775 0.2865090 0.2866300 -0.0001850
Prev. Close Volume Bid Ask Time
0.2868150 2021-04-20 13:18:20
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