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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

Thai Baht/Hong Kong Dollar (FOREX:THBHKD)

Countertrend Up (+85) - THBHKD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.22850477 0.23005588 0.22849698 0.22967422 +0.00116900
Entry Signal

MarketClub’s Trade Triangles for THBHKD

long term up The long-term trend has been UP since Dec 1st, 2022 at 0.22312164

intermediate term up The intermediate-term trend has been UP since Mar 16th, 2023 at 0.22832615

short term down The short-term trend has been DOWN since Mar 27th, 2023 at 0.22893565

Smart Scan Analysis for THBHKD

Based on our trend formula, THBHKD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for THBHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22850477 0.23005588 0.22849698 0.22967422 +0.00116900
Prev. Close Volume Bid Ask Time
0.22850477 2023-03-29 15:57:47
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