Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Swiss Franc/Thai Baht (FOREX:CHFTHB)
Long-Term Downtrend (-90) - CHFTHB is in a strong downtrend that is likely to continue. While CHFTHB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CHFTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFTHB
The long-term trend has been DOWN since Nov 2nd, 2020 at 33.803233
The intermediate-term trend has been DOWN since Jan 20th, 2021 at 33.645969
The short-term trend has been DOWN since Mar 1st, 2021 at 33.115007
Smart Scan Analysis for CHFTHB
Based on our trend formula, CHFTHB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).