Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
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.
MarketClub’s Trade Triangles for GBPTHB
The long-term trend has been UP since Jul 25th, 2022 at 44.300081
The intermediate-term trend has been DOWN since Aug 8th, 2022 at 42.935576
The short-term trend has been DOWN since Jul 31st, 2022 at 43.962825
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).