Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
Thai Baht/Singapore Dollar (FOREX:THBSGD)
Strong Downtrend (-100) - THBSGD 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 THBSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THBSGD
The long-term trend has been DOWN since Jan 7th, 2020 at 0.04456347
The intermediate-term trend has been DOWN since Mar 30th, 2020 at 0.04376408
The short-term trend has been DOWN since Apr 7th, 2020 at 0.04346323
Smart Scan Analysis for THBSGD
Based on our trend formula, THBSGD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).