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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Turkish Lira/Danish Krone (FOREX:TRYDKK)

Weak Downtrend (-65) - TRYDKK is showing signs of a strengthening downtrend. Monitor TRYDKK as it may be building momentum to the downside.

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.

FOREX_TRYDKK
Open High Low TRYDKK Price Change
0.21513850 0.21565000 0.21383457 0.21539057 +0.00025200
Entry Signal

MarketClub’s Trade Triangles for TRYDKK

long term down The long-term trend has been DOWN since Oct 12th, 2021 at 0.71195000

intermediate term down The intermediate-term trend has been DOWN since Feb 20th, 2024 at 0.22260000

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 0.21444749

Smart Scan Analysis for TRYDKK

Based on our trend formula, TRYDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TRYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21513850 0.21565000 0.21383457 0.21539057 +0.00025200
Prev. Close Volume Bid Ask Time
0.21513850 2024-04-18 10:53:03
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