| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
Since the beginning of October, the USD/THB exchange rate has been trading within an ascending channel.
From a theoretical perspective, it is likely that the currency pair could continue to trade within the predetermined channel in the medium term.
In the meantime, note that the pair is pressured by the 55– and 100-period moving averages near 32.20. Thus, the rate could breach the given channel south and re-test the psychological level at 30.80.