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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.

FOREX_SGDTHB
Open High Low SGDTHB Price Change
25.923355 25.927251 25.800987 25.808583 -0.114772
Entry Signal

MarketClub’s Trade Triangles for SGDTHB

long term up The long-term trend has been UP since Apr 14th, 2022 at 24.858941

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2022 at 26.480965

short term down 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).

-70
Smart Scan Analysis for SGDTHB
Strong Downtrend Sideways 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
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