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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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.

FOREX_DKKTRY
Open High Low DKKTRY Price Change
4.6866783 4.6982393 4.6818837 4.6922158 +0.0055370
Entry Signal

MarketClub’s Trade Triangles for DKKTRY

long term up The long-term trend has been UP since Oct 12th, 2021 at 1.4045616

intermediate term up The intermediate-term trend has been UP since Feb 20th, 2024 at 4.4914340

short term down The short-term trend has been DOWN since Mar 21st, 2024 at 4.6889038

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).

+85
Smart Scan Analysis for DKKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6866783 4.6982393 4.6818837 4.6922158 +0.0055370
Prev. Close Volume Bid Ask Time
4.6866783 2024-03-29 06:14:15
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