Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
US Dollar/Thai Baht (FOREX:USDTHB)
Crossroads (-60) - USDTHB is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for USDTHB
The long-term trend has been UP since Jun 22nd, 2023 at 35.200000
The intermediate-term trend has been DOWN since Oct 24th, 2023 at 36.092500
The short-term trend has been DOWN since Nov 27th, 2023 at 35.199068
Smart Scan Analysis for USDTHB
Based on our trend formula, USDTHB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).