Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Thai Baht/Hong Kong Dollar (FOREX:THBHKD)
Strong Downtrend (-100) - THBHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, THBHKD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid THBHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THBHKD
The long-term trend has been DOWN since Apr 17th, 2022 at 0.23124492
The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.22531298
The short-term trend has been DOWN since Jun 30th, 2022 at 0.22142962
Smart Scan Analysis for THBHKD
Based on our trend formula, THBHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).