Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Thai Baht/Singapore Dollar (FOREX:THBSGD)
Bear Market Rally (-75) - THBSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBSGD as it may be in the beginning 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 Jan 7th, 2020 at 0.04456347
The intermediate-term trend has been UP since May 8th, 2020 at 0.04424883
The short-term trend has been DOWN since May 26th, 2020 at 0.04441701
Smart Scan Analysis for THBSGD
Based on our trend formula, THBSGD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).