Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
Danish Krone/Thai Baht (FOREX:DKKTHB)
Countertrend Up (+85) - DKKTHB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for DKKTHB
The long-term trend has been UP since Jan 2nd, 2020 at 4.5279585
The intermediate-term trend has been UP since Feb 25th, 2020 at 4.6350000
The short-term trend has been DOWN since Apr 2nd, 2020 at 4.7975258
Smart Scan Analysis for DKKTHB
Based on our trend formula, DKKTHB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).