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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Turkish Lira/Danish Krone (FOREX:TRYDKK)
Sidelines Mode (+55) - TRYDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for TRYDKK
The long-term trend has been DOWN since May 17th, 2022 at 0.44777631
The intermediate-term trend has been UP since Oct 10th, 2024 at 0.19940000
The short-term trend has been DOWN since Nov 18th, 2024 at 0.20365000
Smart Scan Analysis for TRYDKK
Based on our trend formula, TRYDKK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20425 | 0.20465 | 0.20355 | 0.20455 | +0.00030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20425 | 2024-11-20 03:47:27 |