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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Danish Krone/Thai Baht (FOREX:DKKTHB)

Long-Term Uptrend (+90) - DKKTHB is in a strong uptrend that is likely to continue. While DKKTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid DKKTHB?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKTHB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKTHB
Open High Low DKKTHB Price Change
5.2490415 5.2554150 5.2419360 5.2483467 -0.0006950
Entry Signal

MarketClub’s Trade Triangles for DKKTHB

long term up The long-term trend has been UP since Feb 20th, 2024 at 5.2281657

intermediate term up The intermediate-term trend has been UP since Feb 19th, 2024 at 5.2205722

short term up The short-term trend has been UP since Mar 12th, 2024 at 5.2169994

Smart Scan Analysis for DKKTHB

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

+90
Smart Scan Analysis for DKKTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.2490415 5.2554150 5.2419360 5.2483467 -0.0006950
Prev. Close Volume Bid Ask Time
5.2490415 2024-03-19 07:37:05
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