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Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Singapore Dollar/Thai Baht (FOREX:SGDTHB)
Crossroads (-60) - SGDTHB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for SGDTHB
The long-term trend has been UP since Apr 14th, 2022 at 24.858941
The intermediate-term trend has been DOWN since Aug 8th, 2022 at 25.811810
The short-term trend has been DOWN since Jul 28th, 2022 at 26.382458
Smart Scan Analysis for SGDTHB
Based on our trend formula, SGDTHB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.696944 | 25.696944 | 25.634027 | 25.683825 | -0.013119 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.696944 | 2022-08-16 06:18:05 |