Forex Trend Analysis Report
Prepared for you on Monday, February 3, 2025.
US Dollar/Thai Baht (FOREX:USDTHB)
Countertrend Down (-85) - USDTHB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid USDTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDTHB.
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 USDTHB
The long-term trend has been DOWN since Jul 17th, 2024 at 35.84
The intermediate-term trend has been DOWN since Jan 21st, 2025 at 33.92
The short-term trend has been UP since Feb 2nd, 2025 at 33.88
Smart Scan Analysis for USDTHB
Based on our trend formula, USDTHB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
34.082500 | 34.094121 | 33.940000 | 33.960000 | -0.122500 |
Prev. Close | Volume | Bid | Ask | Time |
34.082500 | 2025-02-03 08:10:02 |