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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.
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MarketClub’s Trade Triangles for THBHKD
The long-term trend has been DOWN since Jan 16th, 2020 at 0.25543000
The intermediate-term trend has been UP since Aug 3rd, 2020 at 0.24878474
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).
| 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 |