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Forex Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
Swiss Franc/Thai Baht (FOREX:CHFTHB)
Countertrend Up (+85) - CHFTHB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for CHFTHB
The long-term trend has been UP since Dec 1st, 2021 at 36.740278
The intermediate-term trend has been UP since Nov 30th, 2021 at 36.602285
The short-term trend has been DOWN since Dec 6th, 2021 at 36.609954
Smart Scan Analysis for CHFTHB
Based on our trend formula, CHFTHB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.251702 | 36.360588 | 36.174371 | 36.312188 | +0.060486 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.251702 | 2021-12-08 16:12:28 |