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Forex Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

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.

FOREX_GBPTHB
Open High Low GBPTHB Price Change
40.511680 40.520421 40.238661 40.362787 -0.148893
Entry Signal

MarketClub’s Trade Triangles for GBPTHB

long term down The long-term trend has been DOWN since Nov 11th, 2020 at 39.928458

intermediate term down The intermediate-term trend has been DOWN since Nov 2nd, 2020 at 40.114015

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 40.360788

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).

-70
Smart Scan Analysis for GBPTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.511680 40.520421 40.238661 40.362787 -0.148893
Prev. Close Volume Bid Ask Time
40.511680 2020-11-27 17:18:56
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