Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Hong Kong Dollar/Thai Baht (FOREX:HKDTHB)
Long-Term Uptrend (+90) - HKDTHB is in a strong uptrend that is likely to continue. While HKDTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for HKDTHB
The long-term trend has been UP since Apr 17th, 2022 at 4.3240442
The intermediate-term trend has been UP since Jun 12th, 2022 at 4.4382047
The short-term trend has been UP since Jun 30th, 2022 at 4.5161294
Smart Scan Analysis for HKDTHB
Based on our trend formula, HKDTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).