Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Swiss Franc/Thai Baht (FOREX:CHFTHB)
Countertrend Down (-85) - CHFTHB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Jan 20th, 2021 at 33.645969
The short-term trend has been UP since Feb 25th, 2021 at 33.523661
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).