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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

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
0.9825215 0.9856671 0.9804409 0.9838637 +0.0013420
Entry Signal

MarketClub’s Trade Triangles for TRYDKK

long term down The long-term trend has been DOWN since Aug 25th, 2019 at 1.0612000

intermediate term up The intermediate-term trend has been UP since May 14th, 2020 at 0.9990057

short term down The short-term trend has been DOWN since May 26th, 2020 at 1.0017092

Smart Scan Analysis for TRYDKK

Based on our trend formula, TRYDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TRYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9825215 0.9856671 0.9804409 0.9838637 +0.0013420
Prev. Close Volume Bid Ask Time
0.9825215 0.9831990 0.9845284 2020-06-01 13:33:08
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