Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Euro/Thai Baht (FOREX:EURTHB)
Sidelines Mode (-55) - EURTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for EURTHB
The long-term trend has been DOWN since Nov 2nd, 2020 at 36.2450
The intermediate-term trend has been DOWN since Sep 16th, 2020 at 36.8805
The short-term trend has been UP since Nov 16th, 2020 at 35.7990
Smart Scan Analysis for EURTHB
Based on our trend formula, EURTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).