Forex Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
Thai Baht/Swiss Franc (FOREX:THBCHF)
Strong Downtrend (-100) - THBCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid THBCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THBCHF
The long-term trend has been DOWN since Jul 23rd, 2020 at 0.02914395
The intermediate-term trend has been DOWN since Oct 20th, 2020 at 0.02900216
The short-term trend has been DOWN since Oct 26th, 2020 at 0.02883243
Smart Scan Analysis for THBCHF
Based on our trend formula, THBCHF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).