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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Danish Krone/Thai Baht (FOREX:DKKTHB)

Weak Uptrend (+65) - DKKTHB is showing signs of weakening momentum to the upside. Monitor DKKTHB as it may be in the beginning stages of a reversal.

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
5.2903868 5.2926489 5.2461100 5.2607947 -0.0295920
Entry Signal

MarketClub’s Trade Triangles for DKKTHB

long term up The long-term trend has been UP since Feb 20th, 2024 at 5.2281657

intermediate term up The intermediate-term trend has been UP since May 27th, 2024 at 5.3329205

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 5.2794790

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
5.2903868 5.2926489 5.2461100 5.2607947 -0.0295920
Prev. Close Volume Bid Ask Time
5.2663115 2024-06-14 17:03:46
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