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Forex Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

Thai Baht/US Dollar (FOREX:THBUSD)

Crossroads (+60) - THBUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid THBUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBUSD
Open High Low THBUSD Price Change
0.03005711 0.03007519 0.03002102 0.03006163 +0.00000500
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term down The long-term trend has been DOWN since Mar 7th, 2021 at 0.03268919

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 0.03015682

short term up The short-term trend has been UP since Oct 24th, 2021 at 0.03008741

Smart Scan Analysis for THBUSD

Based on our trend formula, THBUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03005711 0.03007519 0.03002102 0.03006163 +0.00000500
Prev. Close Volume Bid Ask Time
0.03005711 2021-10-27 01:56:45
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