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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Danish Krone/Thai Baht (FOREX:DKKTHB)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_DKKTHB
Open High Low DKKTHB Price Change
4.98510 4.99050 4.95440 4.97025 -0.01485
Entry Signal

MarketClub’s Trade Triangles for DKKTHB

long term down The long term trend has been DOWN since Oct 1st, 2018 at 5.02195

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2018 at 5.06280

short term down The short term trend has been DOWN since Dec 11th, 2018 at 4.99455

Smart Scan Analysis for DKKTHB

Based on a pre-defined weighted trend formula for chart analysis, DKKTHB scored -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
4.98510 4.99050 4.95440 4.97025 -0.01485
Prev. Close Volume Bid Ask Time
4.98510 4.96980 4.97070 2018-12-14 14:34:18
Want to analyze Danish Krone/Thai Baht DKKTHB or another symbol? Try our Free Forex Trend Analysis Report.