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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Thai Baht/Singapore Dollar (FOREX:THBSGD)

Sidelines Mode (+55) - THBSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.03882454 0.03900654 0.03869796 0.03884823 +0.00002400
Entry Signal

MarketClub’s Trade Triangles for THBSGD

long term down The long-term trend has been DOWN since Apr 14th, 2022 at 0.04019380

intermediate term up The intermediate-term trend has been UP since Aug 8th, 2022 at 0.03876055

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 0.03872165

Smart Scan Analysis for THBSGD

Based on our trend formula, THBSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for THBSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03882454 0.03900654 0.03869796 0.03884823 +0.00002400
Prev. Close Volume Bid Ask Time
0.03882454 2022-08-15 17:59:05
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