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.
MarketClub’s Trade Triangles for USDTHB
The long-term trend has been DOWN since Jun 10th, 2020 at 31.008669
The intermediate-term trend has been UP since Jul 7th, 2020 at 31.250000
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).