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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.

FOREX_GBPTHB
Open High Low GBPTHB Price Change
44.621873 44.838007 44.577374 44.627841 +0.005968
Entry Signal

MarketClub’s Trade Triangles for GBPTHB

long term up The long-term trend has been UP since Apr 17th, 2023 at 42.807822

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2023 at 44.124037

short term up 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).

+75
Smart Scan Analysis for GBPTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.621873 44.838007 44.577374 44.627841 +0.005968
Prev. Close Volume Bid Ask Time
44.621873 2023-09-28 17:33:57
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