Forex Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
Danish Krone/Turkish Lira (FOREX:DKKTRY)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 0.44951
The intermediate term trend has been UP since May 8th, 2018 at 0.68859
The short term trend has been UP since May 13th, 2018 at 0.69479
Smart Scan Analysis for DKKTRY
Based on a pre-defined weighted trend formula for chart analysis, DKKTRY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).