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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Danish Krone/Thai Baht (FOREX:DKKTHB)
Sidelines Mode (-55) - DKKTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for DKKTHB
The long-term trend has been DOWN since Jan 3rd, 2023 at 4.8850000
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 4.9219732
The short-term trend has been UP since Mar 21st, 2023 at 4.9198212
Smart Scan Analysis for DKKTHB
Based on our trend formula, DKKTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.9166079 | 4.9736163 | 4.9164758 | 4.9732824 | +0.0566750 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.9166079 | 2023-03-21 10:08:08 |