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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.

FOREX_THBSGD
Open High Low THBSGD Price Change
0.04343998 0.04352658 0.04337515 0.04337837 -0.00006200
Entry Signal

MarketClub’s Trade Triangles for THBSGD

long term down The long-term trend has been DOWN since Jan 7th, 2020 at 0.04456347

intermediate term down The intermediate-term trend has been DOWN since Mar 30th, 2020 at 0.04376408

short term down 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).

-100
Smart Scan Analysis for THBSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04343998 0.04352658 0.04337515 0.04337837 -0.00006200
Prev. Close Volume Bid Ask Time
0.04343998 0.04337319 0.04338355 2020-04-09 06:34:54
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