Forex Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
Danish Krone/Turkish Lira (FOREX:DKKTRY)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
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 Jul 20th, 2016 at 0.457855
The intermediate term trend has been DOWN since Sep 27th, 2018 at 0.940435
The short term trend has been UP since Dec 3rd, 2018 at 0.798340
Smart Scan Analysis for DKKTRY
Based on a pre-defined weighted trend formula for chart analysis, DKKTRY scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).