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.
MarketClub’s Trade Triangles for TRYDKK
The long-term trend has been DOWN since Aug 25th, 2019 at 1.0612000
The intermediate-term trend has been DOWN since Dec 5th, 2019 at 1.1687764
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).