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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2023.

Thai Baht/Singapore Dollar (FOREX:THBSGD)

Strong Downtrend (-100) - THBSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, THBSGD continues to fall. Traders should use caution and set stops.

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.

FOREX_THBSGD
Open High Low THBSGD Price Change
0.03794175 0.03794175 0.03794175 0.03794175 0.00000000
Entry Signal

MarketClub’s Trade Triangles for THBSGD

long term down The long-term trend has been DOWN since Jun 22nd, 2023 at 0.03841784

intermediate term down The intermediate-term trend has been DOWN since Aug 15th, 2023 at 0.03832129

short term down The short-term trend has been DOWN since Sep 19th, 2023 at 0.03801177

Smart Scan Analysis for THBSGD

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

-100
Smart Scan Analysis for THBSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03794175 0.03794175 0.03794175 0.03794175 0.00000000
Prev. Close Volume Bid Ask Time
0.03794175 2023-09-23 13:03:36
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