Forex Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Turkish Lira/Danish Krone (FOREX:TRYDKK)
Strong Downtrend (-100) - TRYDKK 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 TRYDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRYDKK
The long-term trend has been DOWN since Oct 12th, 2021 at 0.71195
The intermediate-term trend has been DOWN since Sep 9th, 2021 at 0.73865
The short-term trend has been DOWN since Oct 8th, 2021 at 0.72070
Smart Scan Analysis for TRYDKK
Based on our trend formula, TRYDKK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).