Forex Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
Thai Baht/Swiss Franc (FOREX:THBCHF)
Countertrend Up (+85) - THBCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jan 3rd, 2023 at 0.02712911
The intermediate-term trend has been UP since Mar 17th, 2023 at 0.02728326
The short-term trend has been DOWN since Mar 21st, 2023 at 0.02700710
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).