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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
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 UP since Feb 20th, 2024 at 5.2281657
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 5.2268844
The short-term trend has been UP since Apr 17th, 2024 at 5.2505794
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 |
|---|---|---|---|---|
| 5.2528340 | 5.2760166 | 5.2527354 | 5.2597746 | +0.0069410 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.2528340 | 2024-04-19 17:02:46 |