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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2024.

Danish Krone/Turkish Lira (FOREX:DKKTRY)

Weak Downtrend (-65) - DKKTRY is showing signs of a strengthening downtrend. Monitor DKKTRY as it may be building momentum to the downside.

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
5.0195256 5.0285357 5.0165390 5.0178730 -0.0016530
Entry Signal

MarketClub’s Trade Triangles for DKKTRY

long term up The long-term trend has been UP since Oct 18th, 2021 at 1.4469958

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2024 at 5.0157840

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 5.0980522

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
5.0195256 5.0285357 5.0165390 5.0178730 -0.0016530
Prev. Close Volume Bid Ask Time
5.0195256 2024-10-14 06:39:49
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