Forex Trend Analysis Report
Prepared for you on Thursday, July 16, 2020.
Danish Krone/Thai Baht (FOREX:DKKTHB)
Strong Uptrend (+100) - DKKTHB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKTHB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jan 2nd, 2020 at 4.5279585
The intermediate-term trend has been UP since Jul 8th, 2020 at 4.7450000
The short-term trend has been UP since Jun 29th, 2020 at 4.6657822
Smart Scan Analysis for DKKTHB
Based on our trend formula, DKKTHB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).