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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.

FOREX_THBUSD
Open High Low THBUSD Price Change
0.02813731 0.02815316 0.02802612 0.02803437 -0.00010300
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term down The long-term trend has been DOWN since Apr 19th, 2022 at 0.02958580

intermediate term up The intermediate-term trend has been UP since Aug 4th, 2022 at 0.02790101

short term down 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).

-55
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways 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
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