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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

Danish Krone/Turkish Lira (FOREX:DKKTRY)

Countertrend Up (+85) - DKKTRY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
1.1016709 1.1065322 1.0902663 1.1009800 -0.0006910
Entry Signal

MarketClub’s Trade Triangles for DKKTRY

long term up The long-term trend has been UP since Aug 25th, 2019 at 0.9417850

intermediate term up The intermediate-term trend has been UP since Jun 9th, 2020 at 1.0323025

short term down The short-term trend has been DOWN since Aug 3rd, 2020 at 1.0985872

Smart Scan Analysis for DKKTRY

Based on our trend formula, DKKTRY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for DKKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1016709 1.1065322 1.0902663 1.1009800 -0.0006910
Prev. Close Volume Bid Ask Time
1.1016709 1.0992717 1.1026882 2020-08-04 21:15:15
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