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Forex Trend Analysis Report

Prepared for you on Monday, June 17, 2024.

US Dollar/Thai Baht (FOREX:USDTHB)

Countertrend Up (+85) - USDTHB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
36.790000 36.863428 36.677805 36.823256 +0.033256
Entry Signal

MarketClub’s Trade Triangles for USDTHB

long term up The long-term trend has been UP since Mar 20th, 2024 at 36.2100

intermediate term up The intermediate-term trend has been UP since Jun 9th, 2024 at 36.9700

short term down The short-term trend has been DOWN since Jun 12th, 2024 at 36.6675

Smart Scan Analysis for USDTHB

Based on our trend formula, USDTHB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.790000 36.863428 36.677805 36.823256 +0.033256
Prev. Close Volume Bid Ask Time
36.790000 2024-06-17 10:45:26
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