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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2024.

Turkish Lira/Danish Krone (FOREX:TRYDKK)

Crossroads (+60) - TRYDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.19920000 0.19935000 0.19885000 0.19911515 -0.00008500
Entry Signal

MarketClub’s Trade Triangles for TRYDKK

long term down The long-term trend has been DOWN since Oct 17th, 2021 at 0.69073890

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2024 at 0.19940000

short term up The short-term trend has been UP since Oct 1st, 2024 at 0.19615335

Smart Scan Analysis for TRYDKK

Based on our trend formula, TRYDKK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TRYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19920000 0.19935000 0.19885000 0.19911515 -0.00008500
Prev. Close Volume Bid Ask Time
0.19920000 2024-10-14 05:25:50
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