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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.

FOREX_THBCHF
Open High Low THBCHF Price Change
0.02902312 0.02904331 0.02899184 0.02899481 -0.00002800
Entry Signal

MarketClub’s Trade Triangles for THBCHF

long term down The long-term trend has been DOWN since Jul 23rd, 2020 at 0.02914395

intermediate term down The intermediate-term trend has been DOWN since Oct 20th, 2020 at 0.02900216

short term down 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).

-100
Smart Scan Analysis for THBCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02902312 0.02904331 0.02899184 0.02899481 -0.00002800
Prev. Close Volume Bid Ask Time
0.02902312 2020-10-27 01:32:49
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