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Forex Trend Analysis Report
Prepared for you on Friday, October 4, 2024.
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.
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MarketClub’s Trade Triangles for THBCHF
The long-term trend has been UP since Sep 5th, 2024 at 0.02519478
The intermediate-term trend has been UP since Aug 13th, 2024 at 0.02477576
The short-term trend has been DOWN since Oct 1st, 2024 at 0.02593229
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02573137 | 0.02586943 | 0.02572164 | 0.02584429 | +0.00011300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02573137 | 2024-10-04 04:06:02 |