Forex Trend Analysis Report
Prepared for you on Friday, April 3, 2020.
Thai Baht/Swiss Franc (FOREX:THBCHF)
Countertrend Down (-85) - THBCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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 Apr 2nd, 2020 at 0.02956663
Smart Scan Analysis for THBCHF
Based on our trend formula, THBCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).