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Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
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, SHORTSYMBOL 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.
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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 DOWN since Mar 12th, 2020 at 0.24403078
The short-term trend has been DOWN since Mar 31st, 2020 at 0.23684038
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.23606355 | 0.23626207 | 0.23418415 | 0.23438755 | -0.00167600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.23606355 | 0.23436609 | 0.23440900 | 2020-04-01 14:43:08 |