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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Danish Krone/Thai Baht (FOREX:DKKTHB)

Weak Downtrend (-65) - DKKTHB is showing signs of a strengthening downtrend. Monitor DKKTHB as it may be building momentum to the downside.

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
4.9090989 4.9145395 4.9037179 4.9145395 +0.0054410
Entry Signal

MarketClub’s Trade Triangles for DKKTHB

long term down The long-term trend has been DOWN since Jul 30th, 2024 at 5.1986835

intermediate term up The intermediate-term trend has been UP since Nov 1st, 2024 at 4.9470695

short term down The short-term trend has been DOWN since Nov 15th, 2024 at 4.9291470

Smart Scan Analysis for DKKTHB

Based on our trend formula, DKKTHB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9090989 4.9145395 4.9037179 4.9145395 +0.0054410
Prev. Close Volume Bid Ask Time
4.9090989 2024-11-20 03:52:30
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