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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.
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MarketClub’s Trade Triangles for SGDTHB
The long-term trend has been UP since Jun 22nd, 2023 at 26.025564
The intermediate-term trend has been UP since Dec 11th, 2023 at 26.505256
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).
| 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 |