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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Hong Kong Dollar/Thai Baht (FOREX:HKDTHB)

Sidelines Mode (+55) - HKDTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_HKDTHB
Open High Low HKDTHB Price Change
4.5301824 4.5507982 4.5275901 4.5507982 +0.0206160
Entry Signal

MarketClub’s Trade Triangles for HKDTHB

long term up The long-term trend has been UP since Apr 17th, 2022 at 4.3240442

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2022 at 4.5668839

short term up The short-term trend has been UP since Aug 15th, 2022 at 4.5168811

Smart Scan Analysis for HKDTHB

Based on our trend formula, HKDTHB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HKDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5301824 4.5507982 4.5275901 4.5507982 +0.0206160
Prev. Close Volume Bid Ask Time
4.5301824 2022-08-18 03:23:32
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