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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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 Sep 20th, 2021 at 0.729191
The intermediate-term trend has been DOWN since Jun 4th, 2024 at 0.211650
The short-term trend has been UP since Jul 19th, 2024 at 0.207500
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 |
|---|---|---|---|---|
| 0.20771747 | 0.20890000 | 0.20737763 | 0.20875043 | +0.00103300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20771747 | 2024-07-26 17:00:05 |