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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Danish Krone/Thai Baht (FOREX:DKKTHB)

Weak Downtrend (-65) - DKKTHB is showing signs of a strengthening downtrend. Monitor DKKTHB as it may be building momentum to the downside.

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
5.2578970 5.2597480 5.2198139 5.2278894 -0.0300080
Entry Signal

MarketClub’s Trade Triangles for DKKTHB

long term up The long-term trend has been UP since Feb 20th, 2024 at 5.2281657

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 5.2493013

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 5.2819143

Smart Scan Analysis for DKKTHB

Based on our trend formula, DKKTHB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.2578970 5.2597480 5.2198139 5.2278894 -0.0300080
Prev. Close Volume Bid Ask Time
5.2578970 2024-07-26 17:03:32
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