Forex Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Hong Kong Dollar/Thai Baht (FOREX:HKDTHB)
Strong Uptrend (+100) - HKDTHB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDTHB 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 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 UP since Jun 22nd, 2023 at 4.4831171
The intermediate-term trend has been UP since Aug 7th, 2023 at 4.4574403
The short-term trend has been UP since Sep 19th, 2023 at 4.5797036
Smart Scan Analysis for HKDTHB
Based on our trend formula, HKDTHB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).