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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.

FOREX_GBPTHB
Open High Low GBPTHB Price Change
42.755219 43.010968 42.751735 42.972791 +0.217572
Entry Signal

MarketClub’s Trade Triangles for GBPTHB

long term up The long-term trend has been UP since Jul 25th, 2022 at 44.300081

intermediate term down The intermediate-term trend has been DOWN since Aug 8th, 2022 at 42.935576

short term down 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).

-60
Smart Scan Analysis for GBPTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.755219 43.010968 42.751735 42.972791 +0.217572
Prev. Close Volume Bid Ask Time
42.755219 2022-08-18 07:52:09
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