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Forex Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

Thai Baht/Swiss Franc (FOREX:THBCHF)

Sidelines Mode (-55) - THBCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.02775856 0.02781411 0.02758167 0.02764789 -0.00011100
Entry Signal

MarketClub’s Trade Triangles for THBCHF

long term down The long-term trend has been DOWN since Apr 12th, 2021 at 0.02929562

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2021 at 0.02798931

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 0.02764082

Smart Scan Analysis for THBCHF

Based on our trend formula, THBCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for THBCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02775856 0.02781411 0.02758167 0.02764789 -0.00011100
Prev. Close Volume Bid Ask Time
0.02775856 2021-10-15 17:01:33
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