Free Daily Analysis

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.

FOREX_THBCHF
Open High Low THBCHF Price Change
0.03149357 0.03152399 0.03142515 0.03149125 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for THBCHF

long term down The long-term trend has been DOWN since Jan 2nd, 2020 at 0.03226377

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2019 at 0.03265444

short term up 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).

-55
Smart Scan Analysis for THBCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03149357 0.03152399 0.03142515 0.03149125 -0.00000200
Prev. Close Volume Bid Ask Time
0.03149357 0.03148680 0.03149569 2020-02-17 16:24:17
Get a free daily analysis and signals for Thai Baht/Swiss Franc (THBCHF) - Request Your Free Report.