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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.

FOREX_THBCHF
Open High Low THBCHF Price Change
0.02680620 0.02692941 0.02673811 0.02692671 +0.00012100
Entry Signal

MarketClub’s Trade Triangles for THBCHF

long term up The long-term trend has been UP since Jan 3rd, 2023 at 0.02712911

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2023 at 0.02728326

short term down 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).

+85
Smart Scan Analysis for THBCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02680620 0.02692941 0.02673811 0.02692671 +0.00012100
Prev. Close Volume Bid Ask Time
0.02680620 2023-03-31 17:52:17
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