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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

Danish Krone/Czech Koruna (FOREX:DKKCZK)

Strong Downtrend (-100) - DKKCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKCZK continues to fall. Traders should use caution and set stops.

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
3.2765 3.2809 3.2612 3.2628 -0.0137
Entry Signal

MarketClub’s Trade Triangles for DKKCZK

long term down The long-term trend has been DOWN since Dec 22nd, 2021 at 3.3835

intermediate term down The intermediate-term trend has been DOWN since Dec 14th, 2021 at 3.4050

short term down The short-term trend has been DOWN since Jan 19th, 2022 at 3.2645

Smart Scan Analysis for DKKCZK

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

-100
Smart Scan Analysis for DKKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2765 3.2809 3.2612 3.2628 -0.0137
Prev. Close Volume Bid Ask Time
3.2765 2022-01-19 06:24:40
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