Forex Trend Analysis Report
Prepared for you on Wednesday, November 22, 2017.
Danish Krone/Turkish Lira (FOREX:DKKTRY)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DKKTRY
The long term trend has been UP since Feb 14th, 2016 at 0.449510
The intermediate term trend has been UP since Sep 18th, 2017 at 0.559085
The short term trend has been UP since Nov 21st, 2017 at 0.621875
Smart Scan Analysis for DKKTRY
Based on a pre-defined weighted trend formula for chart analysis, DKKTRY scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).