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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

Turkish Lira/Danish Krone (FOREX:TRYDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_TRYDKK
Open High Low TRYDKK Price Change
1.17545 1.17990 1.17465 1.17885 +0.00340
Entry Signal

MarketClub’s Trade Triangles for TRYDKK

long term down The long term trend has been DOWN since Aug 25th, 2019 at 1.06120

intermediate term down The intermediate term trend has been DOWN since Aug 20th, 2019 at 1.18005

short term up The short term trend has been UP since Sep 12th, 2019 at 1.18630

Smart Scan Analysis for TRYDKK

Based on a pre-defined weighted trend formula for chart analysis, TRYDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for TRYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.17545 1.17990 1.17465 1.17885 +0.00340
Prev. Close Volume Bid Ask Time
1.17545 1.17830 1.17940 2019-09-16 02:48:32
Want to analyze Turkish Lira/Danish Krone TRYDKK or another symbol? Try our Free Forex Trend Analysis Report.