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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
US Dollar/Thai Baht (FOREX:USDTHB)
Long-Term Uptrend (+90) - USDTHB is in a strong uptrend that is likely to continue. While USDTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for USDTHB
The long-term trend has been UP since Mar 20th, 2024 at 36.210000
The intermediate-term trend has been UP since Mar 19th, 2024 at 36.113624
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 +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 37.002500 | 37.084651 | 36.982207 | 37.026500 | +0.024000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 37.002500 | 2024-04-23 08:24:30 |