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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Thai Baht/US Dollar (FOREX:THBUSD)

Sidelines Mode (+55) - THBUSD 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 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.

FOREX_THBUSD
Open High Low THBUSD Price Change
0.02998501 0.02999400 0.02991149 0.02994012 -0.00004500
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term down The long-term trend has been DOWN since Mar 7th, 2021 at 0.03268919

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 0.03015682

short term down The short-term trend has been DOWN since Oct 17th, 2021 at 0.02987751

Smart Scan Analysis for THBUSD

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

+55
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02998501 0.02999400 0.02991149 0.02994012 -0.00004500
Prev. Close Volume Bid Ask Time
0.02998501 2021-10-21 17:04:52
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