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Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

Thai Baht/Hong Kong Dollar (FOREX:THBHKD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_THBHKD
Open High Low THBHKD Price Change
0.238320 0.238855 0.237675 0.238365 +0.000045
Entry Signal

MarketClub’s Trade Triangles for THBHKD

long term down The long term trend has been DOWN since May 8th, 2018 at 0.244905

intermediate term down The intermediate term trend has been DOWN since Jun 14th, 2018 at 0.243080

short term down The short term trend has been DOWN since Jun 8th, 2018 at 0.244615

Smart Scan Analysis for THBHKD

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

-100
Smart Scan Analysis for THBHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.238320 0.238855 0.237675 0.238365 +0.000045
Prev. Close Volume Bid Ask Time
0.238320 0.238350 0.238380 2018-06-22 16:53:15
Want to analyze Thai Baht/Hong Kong Dollar THBHKD or another symbol? Try our Free Forex Trend Analysis Report.