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Market Overview
The CHF/THB pair closed at 39.12196 on January 18, 2026, showing a minimal daily increase of 0.19% but continuing a downtrend with a 30-day return of -4.41%. The pair remains range-bound between recent support near 39.11 and resistance around 39.15. Technical indicators show the 20-day SMA at 39.1223, the 50-day SMA slightly above, and the 200-day SMA higher still, confirming bearish momentum. The RSI is moderate, reflecting subdued trading interest. No major economic events are imminent, but market participants are monitoring Swiss and Thai central bank policies for potential impact. For information only.
Last Updated 1/29/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.