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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

US Dollar/Thai Baht (FOREX:USDTHB)

Sidelines Mode (-55) - USDTHB 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 USDTHB?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDTHB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDTHB
Open High Low USDTHB Price Change
35.734553 35.823000 35.611500 35.689994 -0.044559
Entry Signal

MarketClub’s Trade Triangles for USDTHB

long term up The long-term trend has been UP since Apr 17th, 2022 at 33.810000

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2022 at 35.817582

short term up The short-term trend has been UP since Aug 15th, 2022 at 35.520000

Smart Scan Analysis for USDTHB

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

-55
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.734553 35.823000 35.611500 35.689994 -0.044559
Prev. Close Volume Bid Ask Time
35.734553 2022-08-19 23:30:58
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