Forex Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
Thai Baht/US Dollar (FOREX:THBUSD)
Weak Downtrend (-65) - THBUSD is showing signs of a strengthening downtrend. Monitor THBUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid THBUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THBUSD
The long-term trend has been UP since Jun 9th, 2020 at 0.03198209
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.03316750
The short-term trend has been DOWN since Feb 24th, 2021 at 0.03327787
Smart Scan Analysis for THBUSD
Based on our trend formula, THBUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).