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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Turkish Lira/Danish Krone (FOREX:TRYDKK)

Crossroads (-60) - TRYDKK 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 TRYDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRYDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TRYDKK
Open High Low TRYDKK Price Change
0.8242583 0.8380634 0.8186850 0.8356500 +0.0113920
Entry Signal

MarketClub’s Trade Triangles for TRYDKK

long term up The long-term trend has been UP since Jan 29th, 2021 at 0.83845

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.83680

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 0.87630

Smart Scan Analysis for TRYDKK

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

-60
Smart Scan Analysis for TRYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8242583 0.8380634 0.8186850 0.8356500 +0.0113920
Prev. Close Volume Bid Ask Time
0.8242583 2021-02-26 04:38:11
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