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Forex Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

Danish Krone/Thai Baht (FOREX:DKKTHB)

Long-Term Downtrend (-90) - DKKTHB is in a strong downtrend that is likely to continue. While DKKTHB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
5.0262963 5.0500000 4.9854742 5.0200818 -0.0062150
Entry Signal

MarketClub’s Trade Triangles for DKKTHB

long term down The long-term trend has been DOWN since Nov 8th, 2021 at 5.1084590

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2021 at 5.2271216

short term down The short-term trend has been DOWN since Jan 11th, 2022 at 5.0950000

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
5.0262963 5.0500000 4.9854742 5.0200818 -0.0062150
Prev. Close Volume Bid Ask Time
5.0262963 2022-01-20 23:27:57
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