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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Swiss Franc/Thai Baht (FOREX:CHFTHB)

Long-Term Uptrend (+90) - CHFTHB is in a strong uptrend that is likely to continue. While CHFTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_CHFTHB
Open High Low CHFTHB Price Change
40.583189 40.585261 40.427600 40.471539 -0.111650
Entry Signal

MarketClub’s Trade Triangles for CHFTHB

long term up The long-term trend has been UP since Jan 8th, 2024 at 41.155741

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 40.816389

short term up The short-term trend has been UP since Apr 15th, 2024 at 40.218729

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).

+90
Smart Scan Analysis for CHFTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.583189 40.585261 40.427600 40.471539 -0.111650
Prev. Close Volume Bid Ask Time
40.583189 2024-04-26 14:27:41
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