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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Hong Kong Dollar/Thai Baht (FOREX:HKDTHB)

Crossroads (+60) - HKDTHB 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 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.

FOREX_HKDTHB
Open High Low HKDTHB Price Change
3.9134290 3.9357077 3.9022527 3.9238100 +0.0103810
Entry Signal

MarketClub’s Trade Triangles for HKDTHB

long term down The long-term trend has been DOWN since Jun 10th, 2020 at 3.9796786

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2021 at 3.8869708

short term up The short-term trend has been UP since Feb 16th, 2021 at 3.8625294

Smart Scan Analysis for HKDTHB

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

+60
Smart Scan Analysis for HKDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9134290 3.9357077 3.9022527 3.9238100 +0.0103810
Prev. Close Volume Bid Ask Time
3.9134290 2021-02-26 13:26:56
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