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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

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
45.756119 45.793443 45.597996 45.768479 +0.012360
Entry Signal

MarketClub’s Trade Triangles for GBPTHB

long term up The long-term trend has been UP since Jan 22nd, 2024 at 45.292727

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 45.607940

short term up The short-term trend has been UP since Apr 19th, 2024 at 45.902331

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
45.756119 45.793443 45.597996 45.768479 +0.012360
Prev. Close Volume Bid Ask Time
45.756119 2024-04-22 12:58:10
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