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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Danish Krone/Thai Baht (FOREX:DKKTHB)

Sidelines Mode (-55) - DKKTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
4.9166079 4.9736163 4.9164758 4.9732824 +0.0566750
Entry Signal

MarketClub’s Trade Triangles for DKKTHB

long term down The long-term trend has been DOWN since Jan 3rd, 2023 at 4.8850000

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2023 at 4.9219732

short term up The short-term trend has been UP since Mar 21st, 2023 at 4.9198212

Smart Scan Analysis for DKKTHB

Based on our trend formula, DKKTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DKKTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9166079 4.9736163 4.9164758 4.9732824 +0.0566750
Prev. Close Volume Bid Ask Time
4.9166079 2023-03-21 10:08:08
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