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Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
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.
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MarketClub’s Trade Triangles for USDTHB
The long-term trend has been UP since Jan 26th, 2020 at 30.690000
The intermediate-term trend has been DOWN since May 1st, 2020 at 32.265512
The short-term trend has been DOWN since May 27th, 2020 at 31.838980
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 |
|---|---|---|---|---|
| 31.594627 | 31.620000 | 31.490000 | 31.530000 | -0.064627 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.594627 | 31.520000 | 31.540000 | 2020-06-02 05:39:54 |