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.
MarketClub’s Trade Triangles for CZKDKK
The long-term trend has been UP since Jul 13th, 2022 at 0.30614250
The intermediate-term trend has been UP since Dec 11th, 2022 at 0.30654571
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).