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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Thai Baht (FOREX:EURTHB)
Bull Market Weakness (+75) - EURTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURTHB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURTHB
The long-term trend has been UP since Feb 20th, 2024 at 38.968
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 38.990
The short-term trend has been UP since May 6th, 2024 at 39.628
Smart Scan Analysis for EURTHB
Based on our trend formula, EURTHB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.678 | 39.678 | 39.616 | 39.633 | -0.045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.678 | 2024-05-09 06:58:30 |