Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Thai Baht/Singapore Dollar (FOREX:THBSGD)

Bull Market Weakness (+75) - THBSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBSGD as it may be in the beginning stages 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
0.03975945 0.03990485 0.03973411 0.03984925 +0.00009000
Entry Signal

MarketClub’s Trade Triangles for THBSGD

long term up The long-term trend has been UP since Jul 30th, 2024 at 0.03751474

intermediate term up The intermediate-term trend has been UP since Dec 4th, 2024 at 0.03927281

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.03947037

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
0.03975945 0.03990485 0.03973411 0.03984925 +0.00009000
Prev. Close Volume Bid Ask Time
0.03975945 2024-12-26 22:36:08
Get a free daily analysis and signals for Thai Baht/Singapore Dollar (THBSGD) - Request Your Free Report.