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Forex Trend Analysis Report

Prepared for you on Tuesday, August 3, 2021.

Danish Krone/Turkish Lira (FOREX:DKKTRY)

Strong Downtrend (-100) - DKKTRY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
1.3338255 1.3387039 1.3245590 1.3291000 -0.0047260
Entry Signal

MarketClub’s Trade Triangles for DKKTRY

long term down The long-term trend has been DOWN since Aug 2nd, 2021 at 1.3364380

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2021 at 1.3569567

short term down The short-term trend has been DOWN since Jul 29th, 2021 at 1.3547790

Smart Scan Analysis for DKKTRY

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

-100
Smart Scan Analysis for DKKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3338255 1.3387039 1.3245590 1.3291000 -0.0047260
Prev. Close Volume Bid Ask Time
1.3338255 2021-08-03 04:23:59
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