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Forex Trend Analysis Report

Prepared for you on Wednesday, November 13, 2024.

Danish Krone/Czech Koruna (FOREX:DKKCZK)

Countertrend Up (+85) - DKKCZK 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 DKKCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKCZK
Open High Low DKKCZK Price Change
3.40375 3.40450 3.38795 3.39050 -0.01325
Entry Signal

MarketClub’s Trade Triangles for DKKCZK

long term up The long-term trend has been UP since Jul 24th, 2024 at 3.41150

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2024 at 3.37315

short term up The short-term trend has been UP since Nov 11th, 2024 at 3.39850

Smart Scan Analysis for DKKCZK

Based on our trend formula, DKKCZK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for DKKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.40375 3.40450 3.38795 3.39050 -0.01325
Prev. Close Volume Bid Ask Time
3.40375 2024-11-13 14:12:05
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