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Forex Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

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
0.48545000 0.48620000 0.48166814 0.48242609 -0.00302400
Entry Signal

MarketClub’s Trade Triangles for TRYDKK

long term down The long-term trend has been DOWN since Oct 12th, 2021 at 0.71195000

intermediate term up The intermediate-term trend has been UP since Dec 21st, 2021 at 0.53440000

short term up The short-term trend has been UP since Jan 11th, 2022 at 0.48017617

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
0.48545000 0.48620000 0.48166814 0.48242609 -0.00302400
Prev. Close Volume Bid Ask Time
0.48545000 2022-01-18 04:49:24
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