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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Hong Kong Dollar/Thai Baht (FOREX:HKDTHB)
Strong Downtrend (-100) - HKDTHB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HKDTHB continues to fall. Traders should use caution and set stops.
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 4.596458
The intermediate-term trend has been DOWN since Jul 5th, 2024 at 4.661478
The short-term trend has been DOWN since Jul 23rd, 2024 at 4.633896
Smart Scan Analysis for HKDTHB
Based on our trend formula, HKDTHB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6292724 | 4.6307395 | 4.5966070 | 4.5966070 | -0.0326650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6292724 | 2024-07-26 20:06:08 |