Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Thai Baht (FOREX:GBPTHB)
Bull Market Weakness (+75) - GBPTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPTHB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTHB.
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 GBPTHB
The long-term trend has been UP since Jan 22nd, 2024 at 45.292727
The intermediate-term trend has been UP since Apr 29th, 2024 at 46.494689
The short-term trend has been UP since May 7th, 2024 at 46.244049
Smart Scan Analysis for GBPTHB
Based on our trend formula, GBPTHB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 46.135063 | 46.135063 | 46.075958 | 46.075958 | -0.059105 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.135063 | 2024-05-09 01:58:25 |