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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.

FOREX_DKKTRY
Open High Low DKKTRY Price Change
0.724835 0.725960 0.720485 0.721530 -0.003305
Entry Signal

MarketClub’s Trade Triangles for DKKTRY

long term up The long term trend has been UP since Feb 14th, 2016 at 0.44951

intermediate term up The intermediate term trend has been UP since May 8th, 2018 at 0.68859

short term up 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).

+90
Smart Scan Analysis for DKKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.724835 0.725960 0.720485 0.721530 -0.003305
Prev. Close Volume Bid Ask Time
0.724835 0.721430 0.721630 2018-05-22 05:41:34
Want to analyze Danish Krone/Turkish Lira DKKTRY or another symbol? Try our Free Forex Trend Analysis Report.