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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.

FOREX_CHFTHB
Open High Low CHFTHB Price Change
40.235244 40.368163 40.235244 40.235244 0.000000
Entry Signal

MarketClub’s Trade Triangles for CHFTHB

long term up The long-term trend has been UP since Mar 13th, 2023 at 37.870929

intermediate term up The intermediate-term trend has been UP since Nov 30th, 2023 at 40.207695

short term down 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).

+75
Smart Scan Analysis for CHFTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.235244 40.368163 40.235244 40.235244 0.000000
Prev. Close Volume Bid Ask Time
40.235244 2023-12-09 23:18:57
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