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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.

FOREX_THBHKD
Open High Low THBHKD Price Change
0.21998670 0.22022049 0.21795923 0.21814566 -0.00184100
Entry Signal

MarketClub’s Trade Triangles for THBHKD

long term down The long-term trend has been DOWN since Apr 17th, 2022 at 0.23124492

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.22531298

short term down 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).

-100
Smart Scan Analysis for THBHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21998670 0.22022049 0.21795923 0.21814566 -0.00184100
Prev. Close Volume Bid Ask Time
0.21998670 2022-07-05 12:19:21
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