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.
MarketClub’s Trade Triangles for DKKTRY
The long-term trend has been DOWN since Aug 2nd, 2021 at 1.3364380
The intermediate-term trend has been DOWN since Jun 14th, 2021 at 1.3569567
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).