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Forex Trend Analysis Report

Prepared for you on Sunday, July 12, 2020.

US Dollar/Thai Baht (FOREX:USDTHB)

Crossroads (+60) - USDTHB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_USDTHB
Open High Low USDTHB Price Change
31.336874 31.461469 31.204983 31.282500 -0.054374
Entry Signal

MarketClub’s Trade Triangles for USDTHB

long term down The long-term trend has been DOWN since Jun 10th, 2020 at 31.008669

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2020 at 31.250000

short term up The short-term trend has been UP since Jul 7th, 2020 at 31.161245

Smart Scan Analysis for USDTHB

Based on our trend formula, USDTHB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.336874 31.461469 31.204983 31.282500 -0.054374
Prev. Close Volume Bid Ask Time
31.336874 31.278000 31.287000 2020-07-12 21:56:46
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