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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Thai Baht/Singapore Dollar (FOREX:THBSGD)
Sidelines Mode (-55) - THBSGD 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 THBSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBSGD.
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 THBSGD
The long-term trend has been UP since Jul 30th, 2024 at 0.03751474
The intermediate-term trend has been DOWN since Oct 25th, 2024 at 0.03879429
The short-term trend has been UP since Nov 15th, 2024 at 0.03861629
Smart Scan Analysis for THBSGD
Based on our trend formula, THBSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03871457 | 0.03876056 | 0.03864868 | 0.03866109 | -0.00005300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03871457 | 2024-11-20 03:41:55 |