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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.

FOREX_DKKTHB
Open High Low DKKTHB Price Change
4.7742063 4.7862503 4.7551090 4.7810035 +0.0067970
Entry Signal

MarketClub’s Trade Triangles for DKKTHB

long term up The long-term trend has been UP since Jan 2nd, 2020 at 4.5279585

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2020 at 4.6350000

short term down 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).

+85
Smart Scan Analysis for DKKTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7742063 4.7862503 4.7551090 4.7810035 +0.0067970
Prev. Close Volume Bid Ask Time
4.7742063 4.7807793 4.7812278 2020-04-03 17:10:33
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