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Forex Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
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.
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MarketClub’s Trade Triangles for THBUSD
The long-term trend has been UP since Jul 17th, 2024 at 0.02790179
The intermediate-term trend has been UP since Dec 4th, 2024 at 0.02931907
The short-term trend has been DOWN since Dec 13th, 2024 at 0.02938368
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02922269 | 0.02922269 | 0.02922269 | 0.02922269 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02922269 | 2024-12-22 01:10:20 |