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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Danish Krone/Czech Koruna (FOREX:DKKCZK)
Sidelines Mode (-50) - DKKCZK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DKKCZK can gain momentum.
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.
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MarketClub’s Trade Triangles for DKKCZK
The long-term trend has been UP since Jul 24th, 2024 at 3.4115
The intermediate-term trend has been DOWN since Dec 2nd, 2024 at 3.3835
The short-term trend has been DOWN since Dec 22nd, 2024 at 3.3620
Smart Scan Analysis for DKKCZK
Based on our trend formula, DKKCZK is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.37055 | 3.37175 | 3.36635 | 3.36665 | -0.00390 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.37055 | 2024-12-26 05:21:05 |