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Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
US Dollar/Thai Baht (FOREX:USDTHB)
Bull Market Weakness (+75) - USDTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDTHB as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for USDTHB
The long-term trend has been DOWN since Jun 10th, 2020 at 31.008669
The intermediate-term trend has been UP since Feb 25th, 2021 at 30.150000
The short-term trend has been UP since Feb 16th, 2021 at 29.945309
Smart Scan Analysis for USDTHB
Based on our trend formula, USDTHB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.556138 | 30.556138 | 30.556138 | 30.556138 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.556138 | 2021-03-06 04:00:06 |