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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Thai Baht/Singapore Dollar (FOREX:THBSGD)

Bear Market Rally (-75) - THBSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBSGD as it may be in the beginning of a reversal.

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
0.04443357 0.04451880 0.04432225 0.04437221 -0.00006100
Entry Signal

MarketClub’s Trade Triangles for THBSGD

long term down The long-term trend has been DOWN since Jan 7th, 2020 at 0.04456347

intermediate term up The intermediate-term trend has been UP since May 8th, 2020 at 0.04424883

short term down The short-term trend has been DOWN since May 26th, 2020 at 0.04441701

Smart Scan Analysis for THBSGD

Based on our trend formula, THBSGD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for THBSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04443357 0.04451880 0.04432225 0.04437221 -0.00006100
Prev. Close Volume Bid Ask Time
0.04443357 0.04411164 0.04463277 2020-05-29 17:08:55
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