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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Thai Baht/US Dollar (FOREX:THBUSD)
Strong Downtrend (-100) - THBUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, THBUSD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for THBUSD
The long-term trend has been DOWN since Mar 20th, 2024 at 0.02762012
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.02770851
The short-term trend has been DOWN since Apr 15th, 2024 at 0.02718869
Smart Scan Analysis for THBUSD
Based on our trend formula, THBUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02716653 | 0.02716653 | 0.02716653 | 0.02716653 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02716653 | 2024-04-20 11:17:44 |