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Forex Trend Analysis Report

Prepared for you on Tuesday, November 28, 2023.

US Dollar/Thai Baht (FOREX:USDTHB)

Crossroads (-60) - USDTHB is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_USDTHB
Open High Low USDTHB Price Change
34.922446 34.970000 34.690000 34.760500 -0.161946
Entry Signal

MarketClub’s Trade Triangles for USDTHB

long term up The long-term trend has been UP since Jun 22nd, 2023 at 35.200000

intermediate term down The intermediate-term trend has been DOWN since Oct 24th, 2023 at 36.092500

short term down The short-term trend has been DOWN since Nov 27th, 2023 at 35.199068

Smart Scan Analysis for USDTHB

Based on our trend formula, USDTHB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.922446 34.970000 34.690000 34.760500 -0.161946
Prev. Close Volume Bid Ask Time
34.922446 2023-11-28 15:36:00
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