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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.

FOREX_DKKTHB
Open High Low DKKTHB Price Change
4.8485117 4.8650000 4.8417285 4.8645966 +0.0160850
Entry Signal

MarketClub’s Trade Triangles for DKKTHB

long term up The long-term trend has been UP since Jan 2nd, 2020 at 4.5279585

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2020 at 4.7450000

short term up 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).

+100
Smart Scan Analysis for DKKTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8485117 4.8650000 4.8417285 4.8645966 +0.0160850
Prev. Close Volume Bid Ask Time
4.8485117 4.8642601 4.8649331 2020-07-16 10:54:54
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