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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Thai Baht/US Dollar (FOREX:THBUSD)

Weak Downtrend (-65) - THBUSD is showing signs of a strengthening downtrend. Monitor THBUSD as it may be building momentum to the downside.

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

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

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

FOREX_THBUSD
Open High Low THBUSD Price Change
0.02777662 0.02778550 0.02770544 0.02771120 -0.00006500
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term up The long-term trend has been UP since Dec 22nd, 2023 at 0.02892096

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.02770851

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 0.02813731

Smart Scan Analysis for THBUSD

Based on our trend formula, THBUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02777662 0.02778550 0.02770544 0.02771120 -0.00006500
Prev. Close Volume Bid Ask Time
0.02777662 2024-03-19 04:44:36
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