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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.

FOREX_HKDTHB
Open High Low HKDTHB Price Change
4.0752929 4.0769436 4.0685565 4.0685565 -0.0067360
Entry Signal

MarketClub’s Trade Triangles for HKDTHB

long term up The long-term trend has been UP since Jan 16th, 2020 at 3.9138000

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2020 at 4.1628942

short term down 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).

-70
Smart Scan Analysis for HKDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0752929 4.0769436 4.0685565 4.0685565 -0.0067360
Prev. Close Volume Bid Ask Time
4.0752929 4.0645019 4.0726110 2020-06-02 01:35:29
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