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Forex Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

Turkish Lira/Danish Krone (FOREX:TRYDKK)

Long-Term Downtrend (-90) - TRYDKK is in a strong downtrend that is likely to continue. While TRYDKK is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_TRYDKK
Open High Low TRYDKK Price Change
0.7536142 0.7539166 0.7377000 0.7474000 -0.0062140
Entry Signal

MarketClub’s Trade Triangles for TRYDKK

long term down The long-term trend has been DOWN since Mar 21st, 2021 at 0.7647880

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.8368000

short term down The short-term trend has been DOWN since Apr 19th, 2021 at 0.7617612

Smart Scan Analysis for TRYDKK

Based on our trend formula, TRYDKK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TRYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7536142 0.7539166 0.7377000 0.7474000 -0.0062140
Prev. Close Volume Bid Ask Time
0.7536142 2021-04-22 08:12:12
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