| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Sell | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
Since the end of November, the USD/THB exchange rate has been declining gradually.
Given that the currency pair is pressured by the 200-period moving average near 30.20, it is likely that some downside potential could prevail in the market in the medium term.
In the meantime, note that the exchange rate could gain support from the 29.75 mark. Thus, a reversal north could occur, and the rate could target the Fibo 61.80% at 31.18.