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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Danish Krone/Turkish Lira (FOREX:DKKTRY)

Sidelines Mode (+55) - DKKTRY 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 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.

FOREX_DKKTRY
Open High Low DKKTRY Price Change
4.8903099 4.9027367 4.8903099 4.8903099 0.0000000
Entry Signal

MarketClub’s Trade Triangles for DKKTRY

long term up The long-term trend has been UP since Dec 29th, 2021 at 1.9315910

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2024 at 5.0339975

short term down The short-term trend has been DOWN since Dec 18th, 2024 at 4.9094565

Smart Scan Analysis for DKKTRY

Based on our trend formula, DKKTRY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DKKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8903099 4.9027367 4.8903099 4.8903099 0.0000000
Prev. Close Volume Bid Ask Time
4.8903099 2024-12-21 08:23:56
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