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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Danish Krone/Turkish Lira (FOREX:DKKTRY)

Crossroads (-60) - DKKTRY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
5.8258240 5.8538386 5.8217100 5.8432940 +0.0174700
Entry Signal

MarketClub’s Trade Triangles for DKKTRY

long term up The long-term trend has been UP since May 16th, 2022 at 2.1948042

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2025 at 5.7438977

short term down The short-term trend has been DOWN since May 7th, 2025 at 5.7963108

Smart Scan Analysis for DKKTRY

Based on our trend formula, DKKTRY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DKKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.8258240 5.8538386 5.8217100 5.8432940 +0.0174700
Prev. Close Volume Bid Ask Time
5.8258240 2025-05-09 07:26:28
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