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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Thai Baht/Hong Kong Dollar (FOREX:THBHKD)

Countertrend Down (-85) - THBHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.21264202 0.21288644 0.21215112 0.21245709 -0.00018500
Entry Signal

MarketClub’s Trade Triangles for THBHKD

long term down The long-term trend has been DOWN since Mar 21st, 2024 at 0.21593814

intermediate term down The intermediate-term trend has been DOWN since Jun 9th, 2024 at 0.21146973

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.21302089

Smart Scan Analysis for THBHKD

Based on our trend formula, THBHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for THBHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21264202 0.21288644 0.21215112 0.21245709 -0.00018500
Prev. Close Volume Bid Ask Time
0.21264202 2024-06-20 20:58:40
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