Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Hong Kong Dollar/Thai Baht (FOREX:HKDTHB)

Bull Market Weakness (+75) - HKDTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDTHB as it may be in the beginning stages of a reversal.

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
4.6977289 4.6977289 4.6977289 4.6977289 0.0000000
Entry Signal

MarketClub’s Trade Triangles for HKDTHB

long term up The long-term trend has been UP since Mar 21st, 2024 at 4.6300930

intermediate term up The intermediate-term trend has been UP since Jun 9th, 2024 at 4.7287979

short term down The short-term trend has been DOWN since Jun 12th, 2024 at 4.6966867

Smart Scan Analysis for HKDTHB

Based on our trend formula, HKDTHB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HKDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6977289 4.6977289 4.6977289 4.6977289 0.0000000
Prev. Close Volume Bid Ask Time
4.6977289 2024-06-16 13:37:48
Get a free daily analysis and signals for Hong Kong Dollar/Thai Baht (HKDTHB) - Request Your Free Report.