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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Thai Baht/Swiss Franc (FOREX:THBCHF)

Strong Downtrend (-100) - THBCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, THBCHF continues to fall. Traders should use caution and set stops.

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

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.

FOREX_THBCHF
Open High Low THBCHF Price Change
0.02474048 0.02476817 0.02460636 0.02467083 -0.00007000
Entry Signal

MarketClub’s Trade Triangles for THBCHF

long term down The long-term trend has been DOWN since Jan 8th, 2024 at 0.02429493

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.02449771

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 0.02486109

Smart Scan Analysis for THBCHF

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

-100
Smart Scan Analysis for THBCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02474048 0.02476817 0.02460636 0.02467083 -0.00007000
Prev. Close Volume Bid Ask Time
0.02474048 2024-04-24 19:11:44
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