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.
MarketClub’s Trade Triangles for DKKTHB
The long term trend has been DOWN since Oct 1st, 2018 at 5.0219500
The intermediate term trend has been UP since Dec 2nd, 2019 at 4.4860196
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).