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Forex Trend Analysis Report

Prepared for you on Saturday, July 13, 2024.

Thai Baht/Hong Kong Dollar (FOREX:THBHKD)

Crossroads (+60) - THBHKD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.21597841 0.21631570 0.21545378 0.21600851 +0.00003000
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 up The intermediate-term trend has been UP since Jul 5th, 2024 at 0.21455444

short term up The short-term trend has been UP since Jun 30th, 2024 at 0.21291906

Smart Scan Analysis for THBHKD

Based on our trend formula, THBHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for THBHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21597841 0.21631570 0.21545378 0.21600851 +0.00003000
Prev. Close Volume Bid Ask Time
0.21579655 2024-07-12 17:04:50
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