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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Thai Baht/Hong Kong Dollar (FOREX:THBHKD)

Countertrend Up (+85) - THBHKD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid THBHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBHKD
Open High Low THBHKD Price Change
0.22738387 0.22754068 0.22721595 0.22745904 +0.00007500
Entry Signal

MarketClub’s Trade Triangles for THBHKD

long term up The long-term trend has been UP since Jul 17th, 2024 at 0.21758856

intermediate term up The intermediate-term trend has been UP since Dec 4th, 2024 at 0.22769567

short term up The short-term trend has been UP since Dec 20th, 2024 at 0.22763550

Smart Scan Analysis for THBHKD

Based on our trend formula, THBHKD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for THBHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22738387 0.22754068 0.22721595 0.22745904 +0.00007500
Prev. Close Volume Bid Ask Time
0.22738387 2024-12-26 06:46:43
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