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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

US Dollar/Thai Baht (FOREX:USDTHB)

Sidelines Mode (+55) - USDTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
31.233000 31.250000 31.157412 31.185500 -0.047500
Entry Signal

MarketClub’s Trade Triangles for USDTHB

long term up The long-term trend has been UP since Mar 7th, 2021 at 30.598560

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2021 at 30.150000

short term down The short-term trend has been DOWN since Apr 14th, 2021 at 31.395728

Smart Scan Analysis for USDTHB

Based on our trend formula, USDTHB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.233000 31.250000 31.157412 31.185500 -0.047500
Prev. Close Volume Bid Ask Time
31.233000 2021-05-12 04:25:55
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