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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.

FOREX_DKKTRY
Open High Low DKKTRY Price Change
2.4753064 2.4760044 2.4715030 2.4727365 -0.0025700
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 Jul 19th, 2022 at 2.4003743

short term up 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).

+90
Smart Scan Analysis for DKKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4753064 2.4760044 2.4715030 2.4727365 -0.0025700
Prev. Close Volume Bid Ask Time
2.4753064 2022-08-15 02:00:08
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