Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
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.
MarketClub’s Trade Triangles for DKKTRY
The long-term trend has been UP since Oct 12th, 2021 at 1.4045616
The intermediate-term trend has been UP since Jul 19th, 2022 at 2.4003743
The short-term trend has been UP since Aug 10th, 2022 at 2.4746260
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).