Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
Swiss Franc/Thai Baht (FOREX:CHFTHB)
Sidelines Mode (-55) - CHFTHB 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 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 DOWN since Nov 2nd, 2020 at 33.803233
The intermediate-term trend has been DOWN since Oct 30th, 2020 at 33.930242
The short-term trend has been UP since Nov 16th, 2020 at 33.147968
Smart Scan Analysis for CHFTHB
Based on our trend formula, CHFTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).