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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Danish Krone/Turkish Lira (FOREX:DKKTRY)

Crossroads (+60) - DKKTRY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DKKTRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKTRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKTRY
Open High Low DKKTRY Price Change
1.2024215 1.2031710 1.1758344 1.1786376 -0.0237840
Entry Signal

MarketClub’s Trade Triangles for DKKTRY

long term down The long-term trend has been DOWN since Jan 29th, 2021 at 1.1928359

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2021 at 1.1947119

short term up The short-term trend has been UP since Feb 22nd, 2021 at 1.1410722

Smart Scan Analysis for DKKTRY

Based on our trend formula, DKKTRY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DKKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2024215 1.2031710 1.1758344 1.1786376 -0.0237840
Prev. Close Volume Bid Ask Time
1.2024215 2021-03-01 07:33:52
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