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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Danish Krone/Turkish Lira (FOREX:DKKTRY)

Bull Market Weakness (+75) - DKKTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKTRY as it may be in the beginning stages of a reversal.

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
4.8952860 4.9118240 4.8900105 4.8938600 -0.0014260
Entry Signal

MarketClub’s Trade Triangles for DKKTRY

long term up The long-term trend has been UP since May 17th, 2022 at 2.2345173

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2024 at 5.0339975

short term up The short-term trend has been UP since Nov 18th, 2024 at 4.9042022

Smart Scan Analysis for DKKTRY

Based on our trend formula, DKKTRY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DKKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8952860 4.9118240 4.8900105 4.8938600 -0.0014260
Prev. Close Volume Bid Ask Time
4.8952860 2024-11-20 03:23:10
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