Forex Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
Danish Krone/Thai Baht (FOREX:DKKTHB)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for DKKTHB
The long term trend has been DOWN since Oct 27th, 2017 at 5.18005
The intermediate term trend has been UP since Jun 14th, 2018 at 5.09680
The short term trend has been DOWN since Jun 14th, 2018 at 5.05500
Smart Scan Analysis for DKKTHB
Based on a pre-defined weighted trend formula for chart analysis, DKKTHB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).