Forex Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
Swiss Franc/Thai Baht (FOREX:CHFTHB)
Crossroads (-60) - CHFTHB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CHFTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFTHB
The long-term trend has been UP since Jan 2nd, 2020 at 30.992527
The intermediate-term trend has been DOWN since Apr 21st, 2020 at 33.452318
The short-term trend has been DOWN since May 27th, 2020 at 32.816231
Smart Scan Analysis for CHFTHB
Based on our trend formula, CHFTHB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).