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Forex Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

Euro/Thai Baht (FOREX:EURTHB)

Long-Term Downtrend (-90) - EURTHB is in a strong downtrend that is likely to continue. While EURTHB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_EURTHB
Open High Low EURTHB Price Change
37.198 37.408 37.198 37.198 0.000
Entry Signal

MarketClub’s Trade Triangles for EURTHB

long term down The long-term trend has been DOWN since Jul 30th, 2024 at 38.786

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2024 at 39.163

short term down The short-term trend has been DOWN since Sep 5th, 2024 at 37.557

Smart Scan Analysis for EURTHB

Based on our trend formula, EURTHB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.198 37.408 37.198 37.198 0.000
Prev. Close Volume Bid Ask Time
37.198 2024-09-07 04:49:22
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