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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

Thai Baht/Hong Kong Dollar (FOREX:THBHKD)

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

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.

FOREX_THBHKD
Open High Low THBHKD Price Change
0.24902245 0.25006964 0.24877521 0.24972815 +0.00070600
Entry Signal

MarketClub’s Trade Triangles for THBHKD

long term down The long-term trend has been DOWN since Jan 16th, 2020 at 0.25543000

intermediate term up The intermediate-term trend has been UP since Aug 3rd, 2020 at 0.24878474

short term up The short-term trend has been UP since Jul 26th, 2020 at 0.24585498

Smart Scan Analysis for THBHKD

Based on our trend formula, THBHKD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for THBHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24902245 0.25006964 0.24877521 0.24972815 +0.00070600
Prev. Close Volume Bid Ask Time
0.24902245 0.24971273 0.24974356 2020-08-04 22:12:07
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