Forex Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
Thai Baht/US Dollar (FOREX:THBUSD)
Strong Uptrend (+100) - THBUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, THBUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for THBUSD
The long-term trend has been UP since Jun 9th, 2020 at 0.03198209
The intermediate-term trend has been UP since Aug 31st, 2020 at 0.03223727
The short-term trend has been UP since Sep 9th, 2020 at 0.03192848
Smart Scan Analysis for THBUSD
Based on our trend formula, THBUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).