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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

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
0.03685828 0.03697973 0.03683583 0.03694259 +0.00008400
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 down The intermediate-term trend has been DOWN since Jun 17th, 2024 at 0.03649335

short term up The short-term trend has been UP since Jun 20th, 2024 at 0.03690479

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
0.03685828 0.03697973 0.03683583 0.03694259 +0.00008400
Prev. Close Volume Bid Ask Time
0.03685828 2024-06-21 06:46:33
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