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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Singapore Dollar/Thai Baht (FOREX:SGDTHB)
Long-Term Downtrend (-90) - SGDTHB is in a strong downtrend that is likely to continue. While SGDTHB 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 SGDTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDTHB.
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 SGDTHB
The long-term trend has been DOWN since Jul 30th, 2024 at 26.667943
The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 25.554916
The short-term trend has been DOWN since Dec 20th, 2024 at 25.282380
Smart Scan Analysis for SGDTHB
Based on our trend formula, SGDTHB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.149344 | 25.170145 | 25.077891 | 25.100339 | -0.049005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.281570 | 2024-12-24 21:00:04 |