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Forex Trend Analysis Report

Prepared for you on Wednesday, April 21, 2021.

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
0.03192848 0.03198977 0.03187759 0.03194889 +0.00002000
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 down The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.03316750

short term up The short-term trend has been UP since Apr 14th, 2021 at 0.03183041

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
0.03192848 0.03198977 0.03187759 0.03194889 +0.00002000
Prev. Close Volume Bid Ask Time
0.03192848 2021-04-21 18:55:35
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