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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.

FOREX_USDTHB
Open High Low USDTHB Price Change
31.594627 31.620000 31.490000 31.530000 -0.064627
Entry Signal

MarketClub’s Trade Triangles for USDTHB

long term up The long-term trend has been UP since Jan 26th, 2020 at 30.690000

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2020 at 32.265512

short term down 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).

-70
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways 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
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