Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
Danish Krone/Turkish Lira (FOREX:DKKTRY)
Long-Term Uptrend (+90) - DKKTRY is in a strong uptrend that is likely to continue. While DKKTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Oct 12th, 2021 at 1.4045616
The intermediate-term trend has been UP since Oct 9th, 2023 at 3.9515420
The short-term trend has been UP since Nov 10th, 2023 at 4.1166431
Smart Scan Analysis for DKKTRY
Based on our trend formula, DKKTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).