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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Turkish Lira/Danish Krone (FOREX:TRYDKK)

Strong Downtrend (-100) - TRYDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.6970456 0.6982315 0.6907389 0.6919237 -0.0051220
Entry Signal

MarketClub’s Trade Triangles for TRYDKK

long term down The long-term trend has been DOWN since Oct 12th, 2021 at 0.71195

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2021 at 0.73865

short term down The short-term trend has been DOWN since Oct 8th, 2021 at 0.72070

Smart Scan Analysis for TRYDKK

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

-100
Smart Scan Analysis for TRYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6970456 0.6982315 0.6907389 0.6919237 -0.0051220
Prev. Close Volume Bid Ask Time
0.6970456 2021-10-15 17:01:33
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