Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Thai Baht/Swiss Franc (FOREX:THBCHF)
Sidelines Mode (-55) - THBCHF 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
MarketClub looks at technical strength and momentum to determine if the timing is right for THBCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THBCHF
The long-term trend has been DOWN since Jan 2nd, 2020 at 0.03226377
The intermediate-term trend has been DOWN since Dec 3rd, 2019 at 0.03265444
The short-term trend has been UP since Feb 3rd, 2020 at 0.03126891
Smart Scan Analysis for THBCHF
Based on our trend formula, THBCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).