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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.

FOREX_CHFTHB
Open High Low CHFTHB Price Change
32.763036 32.938368 32.736999 32.830801 +0.067765
Entry Signal

MarketClub’s Trade Triangles for CHFTHB

long term down The long-term trend has been DOWN since Nov 2nd, 2020 at 33.803233

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2021 at 33.645969

short term down 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).

-90
Smart Scan Analysis for CHFTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.763036 32.938368 32.736999 32.830801 +0.067765
Prev. Close Volume Bid Ask Time
32.763036 2021-03-05 19:02:11
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