Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Danish Krone/Turkish Lira (FOREX:DKKTRY)
Strong Uptrend (+100) - DKKTRY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKTRY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Aug 25th, 2019 at 0.9417850
The intermediate-term trend has been UP since Dec 5th, 2019 at 0.8555487
The short-term trend has been UP since Mar 27th, 2020 at 0.9521280
Smart Scan Analysis for DKKTRY
Based on our trend formula, DKKTRY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).