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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

British Pound/Thai Baht (FOREX:GBPTHB)

Crossroads (-60) - GBPTHB is struggling to move into a solid trend. Beware of choppy markets 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
45.579505 45.767643 45.567907 45.739113 +0.159608
Entry Signal

MarketClub’s Trade Triangles for GBPTHB

long term up The long-term trend has been UP since Jan 13th, 2021 at 41.116203

intermediate term down The intermediate-term trend has been DOWN since Oct 12th, 2021 at 45.244729

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 45.833547

Smart Scan Analysis for GBPTHB

Based on our trend formula, GBPTHB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.579505 45.767643 45.567907 45.739113 +0.159608
Prev. Close Volume Bid Ask Time
45.579505 2021-10-26 09:04:40
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