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Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Thai Baht/US Dollar (FOREX:THBUSD)
Long-Term Uptrend (+90) - THBUSD is in a strong uptrend that is likely to continue. While THBUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for THBUSD
The long-term trend has been UP since Dec 1st, 2022 at 0.02860412
The intermediate-term trend has been UP since Mar 16th, 2023 at 0.02913881
The short-term trend has been UP since Mar 23rd, 2023 at 0.02939448
Smart Scan Analysis for THBUSD
Based on our trend formula, THBUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02931692 | 0.02937246 | 0.02917749 | 0.02923122 | -0.00008600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02931692 | 2023-03-24 15:23:58 |