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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.

FOREX_CHFTHB
Open High Low CHFTHB Price Change
33.323347 33.441609 33.317970 33.427563 +0.104216
Entry Signal

MarketClub’s Trade Triangles for CHFTHB

long term down The long-term trend has been DOWN since Nov 2nd, 2020 at 33.803233

intermediate term down The intermediate-term trend has been DOWN since Oct 30th, 2020 at 33.930242

short term up 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).

-55
Smart Scan Analysis for CHFTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.323347 33.441609 33.317970 33.427563 +0.104216
Prev. Close Volume Bid Ask Time
33.323347 2020-12-01 09:03:48
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