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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

Singapore Dollar/Thai Baht (FOREX:SGDTHB)

Strong Uptrend (+100) - SGDTHB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDTHB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SGDTHB?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDTHB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDTHB
Open High Low SGDTHB Price Change
26.548899 26.601251 26.518595 26.599813 +0.050914
Entry Signal

MarketClub’s Trade Triangles for SGDTHB

long term up The long-term trend has been UP since Jun 22nd, 2023 at 26.025564

intermediate term up The intermediate-term trend has been UP since Dec 11th, 2023 at 26.505256

short term up The short-term trend has been UP since Nov 30th, 2023 at 26.405578

Smart Scan Analysis for SGDTHB

Based on our trend formula, SGDTHB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SGDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.548899 26.601251 26.518595 26.599813 +0.050914
Prev. Close Volume Bid Ask Time
26.548899 2023-12-11 12:27:41
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