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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Turkish Lira/Danish Krone (FOREX:TRYDKK)

Weak Downtrend (-65) - TRYDKK is showing signs of a strengthening downtrend. Monitor TRYDKK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ?

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
1.1388025 1.1418409 1.1378968 1.1403000 +0.0014980
Entry Signal

MarketClub’s Trade Triangles for TRYDKK

long term down The long-term trend has been DOWN since Aug 25th, 2019 at 1.0612000

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2019 at 1.1687764

short term up The short-term trend has been UP since Feb 13th, 2020 at 1.1412813

Smart Scan Analysis for TRYDKK

Based on our trend formula, TRYDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TRYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1388025 1.1418409 1.1378968 1.1403000 +0.0014980
Prev. Close Volume Bid Ask Time
1.1388025 1.1395000 1.1411000 2020-02-17 16:21:03
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