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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

US Dollar/Thai Baht (FOREX:USDTHB)

Strong Uptrend (+100) - USDTHB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDTHB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_USDTHB
Open High Low USDTHB Price Change
37.002500 37.070000 36.982207 37.043000 +0.040500
Entry Signal

MarketClub’s Trade Triangles for USDTHB

long term up The long-term trend has been UP since Mar 20th, 2024 at 36.210000

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 36.113624

short term up The short-term trend has been UP since Apr 22nd, 2024 at 37.000000

Smart Scan Analysis for USDTHB

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

+100
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.002500 37.070000 36.982207 37.043000 +0.040500
Prev. Close Volume Bid Ask Time
37.002500 2024-04-23 04:55:37
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