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Forex Trend Analysis Report

Prepared for you on Friday, July 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
0.03716368 0.03741029 0.03713951 0.03741029 +0.00024700
Entry Signal

MarketClub’s Trade Triangles for THBSGD

long term down The long-term trend has been DOWN since Feb 14th, 2024 at 0.03737605

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 0.03710318

short term up The short-term trend has been UP since Jul 23rd, 2024 at 0.03716750

Smart Scan Analysis for THBSGD

Based on our trend formula, THBSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for THBSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03716368 0.03741029 0.03713951 0.03741029 +0.00024700
Prev. Close Volume Bid Ask Time
0.03716368 2024-07-26 17:04:33
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