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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Thai Baht/Hong Kong Dollar (FOREX:THBHKD)

Long-Term Downtrend (-90) - THBHKD is in a strong downtrend that is likely to continue. While THBHKD is showing intraday strength, it remains in the confines of a bearish trend. 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
0.21502108 0.21510119 0.21409730 0.21461779 -0.00040300
Entry Signal

MarketClub’s Trade Triangles for THBHKD

long term down The long-term trend has been DOWN since Mar 21st, 2024 at 0.21593814

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.21660445

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 0.22012910

Smart Scan Analysis for THBHKD

Based on our trend formula, THBHKD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for THBHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21502108 0.21510119 0.21409730 0.21461779 -0.00040300
Prev. Close Volume Bid Ask Time
0.21502108 2024-03-28 06:26:49
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