Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Swiss Franc/Thai Baht (FOREX:CHFTHB)
Bull Market Weakness (+75) - CHFTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFTHB as it may be in the beginning stages of a reversal.
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 Mar 13th, 2023 at 37.870929
The intermediate-term trend has been UP since Nov 30th, 2023 at 40.207695
The short-term trend has been DOWN since Dec 4th, 2023 at 39.924863
Smart Scan Analysis for CHFTHB
Based on our trend formula, CHFTHB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).