Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Danish Krone/Thai Baht (FOREX:DKKTHB)
Crossroads (+60) - DKKTHB is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for DKKTHB
The long-term trend has been DOWN since Nov 1st, 2020 at 4.8674299
The intermediate-term trend has been UP since Dec 1st, 2020 at 4.8900000
The short-term trend has been UP since Nov 24th, 2020 at 4.8450000
Smart Scan Analysis for DKKTHB
Based on our trend formula, DKKTHB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).