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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.

FOREX_THBUSD
Open High Low THBUSD Price Change
0.03208213 0.03221650 0.03206465 0.03216469 +0.00008300
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term up The long-term trend has been UP since Jun 9th, 2020 at 0.03198209

intermediate term up The intermediate-term trend has been UP since Aug 31st, 2020 at 0.03223727

short term up 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).

+100
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03208213 0.03221650 0.03206465 0.03216469 +0.00008300
Prev. Close Volume Bid Ask Time
0.03208213 0.03215434 0.03217503 2020-09-18 21:56:51
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