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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Thai Baht/Swiss Franc (FOREX:THBCHF)

Bull Market Weakness (+75) - THBCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBCHF as it may be in the beginning stages of a reversal.

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
0.02499309 0.02509540 0.02486109 0.02508505 +0.00009200
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 up The intermediate-term trend has been UP since Apr 10th, 2024 at 0.02490917

short term up The short-term trend has been UP since Apr 9th, 2024 at 0.02472633

Smart Scan Analysis for THBCHF

Based on our trend formula, THBCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for THBCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02499309 0.02509540 0.02486109 0.02508505 +0.00009200
Prev. Close Volume Bid Ask Time
0.02499309 2024-04-12 17:05:41
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