Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
British Pound/Thai Baht (FOREX:GBPTHB)
Long-Term Uptrend (+90) - GBPTHB is in a strong uptrend that is likely to continue. While GBPTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Jan 13th, 2021 at 41.116203
The intermediate-term trend has been UP since Dec 23rd, 2020 at 40.814960
The short-term trend has been UP since Feb 14th, 2021 at 41.458592
Smart Scan Analysis for GBPTHB
Based on our trend formula, GBPTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).