Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Hong Kong Dollar/Thai Baht (FOREX:HKDTHB)
Weak Downtrend (-65) - HKDTHB is showing signs of a strengthening downtrend. Monitor HKDTHB as it may be building momentum to the downside.
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 Jan 16th, 2020 at 3.9138000
The intermediate-term trend has been DOWN since May 1st, 2020 at 4.1628942
The short-term trend has been DOWN since May 27th, 2020 at 4.1073844
Smart Scan Analysis for HKDTHB
Based on our trend formula, HKDTHB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).