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Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
Thai Baht/US Dollar (FOREX:THBUSD)
Sidelines Mode (-55) - THBUSD 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 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.
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MarketClub’s Trade Triangles for THBUSD
The long-term trend has been DOWN since Apr 19th, 2022 at 0.02958580
The intermediate-term trend has been UP since Aug 4th, 2022 at 0.02790101
The short-term trend has been DOWN since Aug 15th, 2022 at 0.02816069
Smart Scan Analysis for THBUSD
Based on our trend formula, THBUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02813731 | 0.02815316 | 0.02802612 | 0.02803437 | -0.00010300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02813731 | 2022-08-18 03:02:00 |