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Forex Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
Danish Krone/Thai Baht (FOREX:DKKTHB)
Long-Term Downtrend (-90) - DKKTHB is in a strong downtrend that is likely to continue. While DKKTHB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Nov 8th, 2021 at 5.1084590
The intermediate-term trend has been DOWN since Oct 11th, 2021 at 5.2271216
The short-term trend has been DOWN since Jan 11th, 2022 at 5.0950000
Smart Scan Analysis for DKKTHB
Based on our trend formula, DKKTHB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.0262963 | 5.0500000 | 4.9854742 | 5.0200818 | -0.0062150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.0262963 | 2022-01-20 23:27:57 |