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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Thai Baht/Hong Kong Dollar (FOREX:THBHKD)

Weak Downtrend (-65) - THBHKD is showing signs of a strengthening downtrend. Monitor THBHKD as it may be building momentum to the downside.

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
0.23210974 0.23343216 0.23199639 0.23335477 +0.00124500
Entry Signal

MarketClub’s Trade Triangles for THBHKD

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 0.25407148

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2021 at 0.23347749

short term down The short-term trend has been DOWN since Oct 17th, 2021 at 0.23236976

Smart Scan Analysis for THBHKD

Based on our trend formula, THBHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for THBHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23210974 0.23343216 0.23199639 0.23335477 +0.00124500
Prev. Close Volume Bid Ask Time
0.23210974 2021-10-18 23:01:22
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