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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Thai Baht/US Dollar (FOREX:THBUSD)

Strong Downtrend (-100) - THBUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, THBUSD continues to fall. Traders should use caution and set stops.

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
0.02811992 0.02811992 0.02811992 0.02811992 0.00000000
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term down The long-term trend has been DOWN since Apr 19th, 2022 at 0.02958580

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2022 at 0.03041363

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 0.02820875

Smart Scan Analysis for THBUSD

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

-100
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02811992 0.02811992 0.02811992 0.02811992 0.00000000
Prev. Close Volume Bid Ask Time
0.02811992 2022-07-02 10:08:48
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