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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Danish Krone/Thai Baht (FOREX:DKKTHB)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_DKKTHB
Open High Low DKKTHB Price Change
4.5119585 4.5150000 4.4850000 4.4926227 -0.0193360
Entry Signal

MarketClub’s Trade Triangles for DKKTHB

long term down The long term trend has been DOWN since Oct 1st, 2018 at 5.0219500

intermediate term up The intermediate term trend has been UP since Dec 2nd, 2019 at 4.4860196

short term up The short term trend has been UP since Dec 2nd, 2019 at 4.4650000

Smart Scan Analysis for DKKTHB

Based on a pre-defined weighted trend formula for chart analysis, DKKTHB scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for DKKTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5119585 4.5150000 4.4850000 4.4926227 -0.0193360
Prev. Close Volume Bid Ask Time
4.5119585 4.4924123 4.4928331 2019-12-06 16:59:59
Want to analyze Danish Krone/Thai Baht DKKTHB or another symbol? Try our Free Forex Trend Analysis Report.