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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Danish Krone/Turkish Lira (FOREX:DKKTRY)

Sidelines Mode (+55) - DKKTRY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
4.8142354 4.8221210 4.7871265 4.7904493 -0.0237860
Entry Signal

MarketClub’s Trade Triangles for DKKTRY

long term up The long-term trend has been UP since Sep 20th, 2021 at 1.3713840

intermediate term up The intermediate-term trend has been UP since Jun 4th, 2024 at 4.7205991

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 4.8203682

Smart Scan Analysis for DKKTRY

Based on our trend formula, DKKTRY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DKKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8142354 4.8221210 4.7871265 4.7904493 -0.0237860
Prev. Close Volume Bid Ask Time
4.8142354 2024-07-26 17:00:05
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