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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Singapore Dollar/Thai Baht (FOREX:SGDTHB)
Countertrend Up (+85) - SGDTHB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 2nd, 2025 at 25.484217
The intermediate-term trend has been UP since Apr 2nd, 2025 at 25.484217
The short-term trend has been DOWN since May 2nd, 2025 at 25.435849
Smart Scan Analysis for SGDTHB
Based on our trend formula, SGDTHB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.319513 | 25.485650 | 25.291577 | 25.485650 | +0.166137 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.319513 | 2025-05-08 20:28:19 |