Forex Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
Danish Krone/Turkish Lira (FOREX:DKKTRY)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 Feb 14th, 2016 at 0.44951
The intermediate term trend has been UP since Jan 11th, 2018 at 0.61371
The short term trend has been DOWN since Feb 16th, 2018 at 0.62665
Smart Scan Analysis for DKKTRY
Based on a pre-defined weighted trend formula for chart analysis, DKKTRY scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).