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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Singapore Dollar/Thai Baht (FOREX:SGDTHB)
Sidelines Mode (+55) - SGDTHB 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 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 DOWN since Jul 30th, 2024 at 26.667943
The intermediate-term trend has been UP since Nov 4th, 2024 at 25.635866
The short-term trend has been DOWN since Nov 18th, 2024 at 25.914851
Smart Scan Analysis for SGDTHB
Based on our trend formula, SGDTHB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.835009 | 25.850782 | 25.780721 | 25.807020 | -0.027989 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.812207 | 2024-11-19 22:33:34 |