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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 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.

FOREX_GBPTHB
Open High Low GBPTHB Price Change
43.839962 43.839962 43.671321 43.814473 -0.025489
Entry Signal

MarketClub’s Trade Triangles for GBPTHB

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 45.558209

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 43.975932

short term down The short-term trend has been DOWN since Nov 15th, 2024 at 44.194703

Smart Scan Analysis for GBPTHB

Based on our trend formula, GBPTHB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.839962 43.839962 43.671321 43.814473 -0.025489
Prev. Close Volume Bid Ask Time
43.849057 2024-11-19 22:33:34
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