Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
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.
MarketClub’s Trade Triangles for HKDTHB
The long-term trend has been UP since Mar 5th, 2021 at 3.9357077
The intermediate-term trend has been UP since Sep 19th, 2021 at 4.2840886
The short-term trend has been UP since Oct 17th, 2021 at 4.3031042
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).