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Forex Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
Danish Krone/Turkish Lira (FOREX:DKKTRY)
Bull Market Weakness (+75) - DKKTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKTRY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DKKTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKTRY.
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 DKKTRY
The long-term trend has been UP since Oct 12th, 2021 at 1.4045616
The intermediate-term trend has been UP since Apr 18th, 2024 at 4.7593980
The short-term trend has been DOWN since May 5th, 2024 at 4.6280435
Smart Scan Analysis for DKKTRY
Based on our trend formula, DKKTRY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6611113 | 4.6870358 | 4.6528049 | 4.6545070 | -0.0066040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6611113 | 2024-05-06 22:02:44 |