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.
MarketClub’s Trade Triangles for USDTHB
The long-term trend has been UP since Mar 7th, 2021 at 30.59856
The intermediate-term trend has been DOWN since Oct 12th, 2021 at 33.16000
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).