Get started
InvestingScope

USDTHB: Short signal on the 1D EMA50.

Short
U.S. Dollar / Thai Baht (FX_IDC:USDTHB)  
InvestingScope  
FX_IDC:USDTHB   U.S. Dollar / Thai Baht
Trend Analysis Chart Patterns Technical Indicators USDTHB USD thb DJ FXCM Index dollar thaibaht Forex Currencies currency
11
0
trendanalysis chartpattern indicator usdthb usd thb usdollar dollar thaibaht forex currencies currency
The pair is trading on a multi month 1M Channel Down (RSI = 35.185, MACD = -0.898, Highs/Lows = -0.7368). The price is now on the 1D MA50 (blue line) which since May 2019 has always initiated a new bearish leg. Since the 1D RSI is also approaching the usual 65.60 Sell Level, we are expecting a decline. Our Target is 30.000.




** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.
Telegram: t.me/investingscope
www.investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.