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.
MarketClub’s Trade Triangles for DKKCZK
The long-term trend has been DOWN since Dec 22nd, 2021 at 3.3835
The intermediate-term trend has been DOWN since Dec 14th, 2021 at 3.4050
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).