Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 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 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 DOWN since Aug 25th, 2019 at 1.0612000
The intermediate-term trend has been UP since May 14th, 2020 at 0.9990057
The short-term trend has been DOWN since May 26th, 2020 at 1.0017092
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).