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Forex Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Thai Baht/Singapore Dollar (FOREX:THBSGD)
Sidelines Mode (-55) - THBSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid THBSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for THBSGD
The long-term trend has been DOWN since Feb 14th, 2024 at 0.03737605
The intermediate-term trend has been DOWN since Apr 24th, 2024 at 0.03664618
The short-term trend has been UP since May 9th, 2024 at 0.03684407
Smart Scan Analysis for THBSGD
Based on our trend formula, THBSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03682500 | 0.03687391 | 0.03680557 | 0.03686354 | +0.00003900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03682500 | 2024-05-10 03:03:00 |