Forex Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
British Pound/Thai Baht (FOREX:GBPTHB)
Bull Market Weakness (+75) - GBPTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPTHB as it may be in the beginning stages of a reversal.
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 Apr 17th, 2023 at 42.807822
The intermediate-term trend has been DOWN since Sep 22nd, 2023 at 44.124037
The short-term trend has been UP since Sep 27th, 2023 at 44.510047
Smart Scan Analysis for GBPTHB
Based on our trend formula, GBPTHB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).