Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Thai Baht/US Dollar (FOREX:THBUSD)
Countertrend Up (+85) - THBUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 17th, 2024 at 0.02790179
The intermediate-term trend has been UP since Jan 21st, 2025 at 0.02947245
The short-term trend has been DOWN since Feb 2nd, 2025 at 0.02953164
Smart Scan Analysis for THBUSD
Based on our trend formula, THBUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.02963578 | 0.02974287 | 0.02963578 | 0.02973049 | +0.00009500 |
Prev. Close | Volume | Bid | Ask | Time |
0.02963578 | 2025-02-05 02:46:58 |