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Forex Trend Analysis Report
Prepared for you on Monday, December 2, 2024.
Hong Kong Dollar/Thai Baht (FOREX:HKDTHB)
Sidelines Mode (+50) - HKDTHB is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until HKDTHB can gain momentum.
Is it time to buy, sell, or avoid HKDTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDTHB.
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 HKDTHB
The long-term trend has been DOWN since Jul 17th, 2024 at 4.5964580
The intermediate-term trend has been UP since Oct 7th, 2024 at 4.3054794
The short-term trend has been UP since Dec 2nd, 2024 at 4.4332058
Smart Scan Analysis for HKDTHB
Based on our trend formula, HKDTHB is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.4192579 | 4.4417460 | 4.4156378 | 4.4370693 | +0.0178110 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.4192579 | 2024-12-02 14:09:17 |