Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
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.
MarketClub’s Trade Triangles for TRYDKK
The long-term trend has been UP since Jan 29th, 2021 at 0.83845
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.83680
The short-term trend has been DOWN since Feb 22nd, 2021 at 0.87630
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).