Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Hong Kong Dollar/Thai Baht (FOREX:HKDTHB)
Bear Market Rally (-75) - HKDTHB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HKDTHB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HKDTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HKDTHB
The long-term trend has been DOWN since Jul 17th, 2024 at 4.5964580
The intermediate-term trend has been DOWN since Dec 5th, 2024 at 4.3813671
The short-term trend has been DOWN since Dec 22nd, 2024 at 4.3955015
Smart Scan Analysis for HKDTHB
Based on our trend formula, HKDTHB is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.3979500 | 4.4009304 | 4.3950904 | 4.3963089 | -0.0016410 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.3979500 | 2024-12-26 08:51:11 |