Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Thai Baht/US Dollar (FOREX:THBUSD)

Crossroads (-60) - THBUSD is struggling to move into a solid trend. Beware of choppy markets 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
0.02724426 0.02724426 0.02724426 0.02724426 0.00000000
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 0.02762012

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 0.02738226

short term up The short-term trend has been UP since Jun 18th, 2024 at 0.02728960

Smart Scan Analysis for THBUSD

Based on our trend formula, THBUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02724426 0.02724426 0.02724426 0.02724426 0.00000000
Prev. Close Volume Bid Ask Time
0.02724426 2024-06-22 05:15:02
Get a free daily analysis and signals for Thai Baht/US Dollar (THBUSD) - Request Your Free Report.