Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
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.
MarketClub’s Trade Triangles for THBSGD
The long-term trend has been DOWN since Feb 25th, 2021 at 0.04369536
The intermediate-term trend has been UP since Oct 12th, 2021 at 0.04069462
The short-term trend has been UP since Oct 22nd, 2021 at 0.04045037
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).