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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Danish Krone/Turkish Lira (FOREX:DKKTRY)

Long-Term Uptrend (+90) - DKKTRY is in a strong uptrend that is likely to continue. While DKKTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
1.4899776 1.4911656 1.4854130 1.4859971 -0.0039800
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 up The intermediate-term trend has been UP since Sep 9th, 2021 at 1.3537710

short term up The short-term trend has been UP since Oct 8th, 2021 at 1.3875279

Smart Scan Analysis for DKKTRY

Based on our trend formula, DKKTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DKKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4899776 1.4911656 1.4854130 1.4859971 -0.0039800
Prev. Close Volume Bid Ask Time
1.4899776 2021-10-22 01:41:27
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