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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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 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.
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MarketClub’s Trade Triangles for THBCHF
The long-term trend has been UP since Sep 5th, 2024 at 0.02519478
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.02549182
The short-term trend has been UP since Nov 15th, 2024 at 0.02552072
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02555267 | 0.02559115 | 0.02550460 | 0.02550678 | -0.00004600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02555267 | 2024-11-20 03:31:48 |