Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
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.
MarketClub’s Trade Triangles for THBCHF
The long-term trend has been DOWN since Apr 12th, 2021 at 0.02929562
The intermediate-term trend has been UP since Oct 12th, 2021 at 0.02798931
The short-term trend has been DOWN since Oct 15th, 2021 at 0.02764082
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).