Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Danish Krone/Turkish Lira (FOREX:DKKTRY)
Countertrend Up (+85) - DKKTRY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DKKTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DKKTRY
The long-term trend has been UP since Feb 20th, 2022 at 2.0972220
The intermediate-term trend has been UP since Jan 20th, 2025 at 4.9520635
The short-term trend has been DOWN since Jan 28th, 2025 at 4.9954524
Smart Scan Analysis for DKKTRY
Based on our trend formula, DKKTRY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.9757000 | 5.0122998 | 4.9582385 | 5.0068476 | +0.0311480 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.9757000 | 2025-02-04 22:47:55 |