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Forex Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Hong Kong Dollar/Thai Baht (FOREX:HKDTHB)

Bull Market Weakness (+75) - HKDTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDTHB as it may be in the beginning stages 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.

FOREX_HKDTHB
Open High Low HKDTHB Price Change
4.6911806 4.7056182 4.6863752 4.7050399 +0.0138590
Entry Signal

MarketClub’s Trade Triangles for HKDTHB

long term up The long-term trend has been UP since Mar 21st, 2024 at 4.6300930

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 4.6759023

short term up The short-term trend has been UP since May 29th, 2024 at 4.6960413

Smart Scan Analysis for HKDTHB

Based on our trend formula, HKDTHB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HKDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6911806 4.7056182 4.6863752 4.7050399 +0.0138590
Prev. Close Volume Bid Ask Time
4.6911806 2024-05-29 04:16:55
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