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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Thai Baht (FOREX:GBPTHB)
Weak Downtrend (-65) - GBPTHB is showing signs of a strengthening downtrend. Monitor GBPTHB as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for GBPTHB
The long-term trend has been UP since Jan 22nd, 2024 at 45.292727
The intermediate-term trend has been DOWN since Jul 24th, 2024 at 46.443483
The short-term trend has been DOWN since Jul 16th, 2024 at 46.670863
Smart Scan Analysis for GBPTHB
Based on our trend formula, GBPTHB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 46.504629 | 46.504629 | 46.243199 | 46.346667 | -0.157962 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.504629 | 2024-07-26 14:00:13 |