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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Swiss Franc/Thai Baht (FOREX:CHFTHB)
Strong Downtrend (-100) - CHFTHB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFTHB continues to fall. 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.
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MarketClub’s Trade Triangles for CHFTHB
The long-term trend has been DOWN since Sep 5th, 2024 at 39.709700
The intermediate-term trend has been DOWN since Nov 22nd, 2024 at 38.696245
The short-term trend has been DOWN since Nov 22nd, 2024 at 39.037793
Smart Scan Analysis for CHFTHB
Based on our trend formula, CHFTHB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.188607 | 39.197052 | 38.521856 | 38.521856 | -0.666751 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.188607 | 2024-11-22 19:52:54 |