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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

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
3.8742035 3.8855603 3.8657409 3.8817188 +0.0075150
Entry Signal

MarketClub’s Trade Triangles for DKKTRY

long term up The long-term trend has been UP since Oct 12th, 2021 at 1.4045616

intermediate term down The intermediate-term trend has been DOWN since Aug 9th, 2023 at 3.9077255

short term down The short-term trend has been DOWN since Sep 17th, 2023 at 3.8409200

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
3.8742035 3.8855603 3.8657409 3.8817188 +0.0075150
Prev. Close Volume Bid Ask Time
3.8742035 2023-09-22 09:59:34
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