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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

US Dollar/Thai Baht (FOREX:USDTHB)

Weak Downtrend (-65) - USDTHB is showing signs of a strengthening downtrend. Monitor USDTHB as it may be building momentum to the downside.

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
33.375553 33.375553 33.365000 33.375553 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDTHB

long term up The long-term trend has been UP since Mar 7th, 2021 at 30.59856

intermediate term down The intermediate-term trend has been DOWN since Oct 12th, 2021 at 33.16000

short term down The short-term trend has been DOWN since Oct 10th, 2021 at 33.78000

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).

-70
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.375553 33.375553 33.365000 33.375553 0.000000
Prev. Close Volume Bid Ask Time
33.375553 2021-10-23 17:42:17
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