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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

British Pound/Thai Baht (FOREX:GBPTHB)

Sidelines Mode (-55) - GBPTHB 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 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.

FOREX_GBPTHB
Open High Low GBPTHB Price Change
40.678018 40.844857 40.574621 40.761913 +0.083895
Entry Signal

MarketClub’s Trade Triangles for GBPTHB

long term down The long-term trend has been DOWN since Mar 17th, 2020 at 38.964331

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 39.975020

short term up The short-term trend has been UP since Apr 8th, 2020 at 40.625093

Smart Scan Analysis for GBPTHB

Based on our trend formula, GBPTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.678018 40.844857 40.574621 40.761913 +0.083895
Prev. Close Volume Bid Ask Time
40.678018 40.738894 40.784932 2020-04-09 07:44:17
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