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Forex Trend Analysis Report
Prepared for you on Tuesday, November 29, 2022.
Singapore Dollar/Thai Baht (FOREX:SGDTHB)
Weak Downtrend (-65) - SGDTHB is showing signs of a strengthening downtrend. Monitor SGDTHB as it may be building momentum to the downside.
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 UP since Apr 14th, 2022 at 24.858941
The intermediate-term trend has been DOWN since Nov 6th, 2022 at 26.480965
The short-term trend has been DOWN since Nov 24th, 2022 at 26.119753
Smart Scan Analysis for SGDTHB
Based on our trend formula, SGDTHB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.923355 | 25.927251 | 25.800987 | 25.808583 | -0.114772 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.923355 | 2022-11-29 05:01:42 |