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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

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, SHORTSYMBOL 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.

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FOREX_THBSGD
Open High Low THBSGD Price Change
0.04378834 0.04386859 0.04357560 0.04374643 -0.00004200
Entry Signal

MarketClub’s Trade Triangles for THBSGD

long term down The long-term trend has been DOWN since Feb 25th, 2021 at 0.04369536

intermediate term down The intermediate-term trend has been DOWN since Feb 19th, 2021 at 0.04415905

short term down The short-term trend has been DOWN since Feb 15th, 2021 at 0.04427571

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
0.04378834 0.04386859 0.04357560 0.04374643 -0.00004200
Prev. Close Volume Bid Ask Time
0.04378834 2021-02-26 17:12:08
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