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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.
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MarketClub’s Trade Triangles for USDTHB
The long-term trend has been UP since Apr 17th, 2022 at 33.810000
The intermediate-term trend has been DOWN since Aug 4th, 2022 at 35.817582
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).
| 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 |