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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

Thai Baht/US Dollar (FOREX:THBUSD)

Bear Market Rally (-75) - THBUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBUSD as it may be in the beginning of a reversal.

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
0.02716875 0.02722682 0.02713704 0.02714110 -0.00002800
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 0.02762012

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 0.02738226

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 0.02717490

Smart Scan Analysis for THBUSD

Based on our trend formula, THBUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02716875 0.02722682 0.02713704 0.02714110 -0.00002800
Prev. Close Volume Bid Ask Time
0.02716875 2024-06-18 07:14:15
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