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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Danish Krone/Thai Baht (FOREX:DKKTHB)

Crossroads (+60) - DKKTHB is struggling to move into a solid trend. Beware of choppy markets 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
4.9198946 4.9350000 4.9180922 4.9276909 +0.0077960
Entry Signal

MarketClub’s Trade Triangles for DKKTHB

long term down The long-term trend has been DOWN since Nov 1st, 2020 at 4.8674299

intermediate term up The intermediate-term trend has been UP since Dec 1st, 2020 at 4.8900000

short term up The short-term trend has been UP since Nov 24th, 2020 at 4.8450000

Smart Scan Analysis for DKKTHB

Based on our trend formula, DKKTHB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DKKTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9198946 4.9350000 4.9180922 4.9276909 +0.0077960
Prev. Close Volume Bid Ask Time
4.9198946 2020-12-04 08:58:45
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