Free Daily Analysis

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.

FOREX_HKDTHB
Open High Low HKDTHB Price Change
4.4192579 4.4417460 4.4156378 4.4370693 +0.0178110
Entry Signal

MarketClub’s Trade Triangles for HKDTHB

long term down The long-term trend has been DOWN since Jul 17th, 2024 at 4.5964580

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 4.3054794

short term up 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).

+50
Smart Scan Analysis for HKDTHB
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Hong Kong Dollar/Thai Baht (HKDTHB) - Request Your Free Report.