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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Thai Baht/Euro (FOREX:THBEUR)

Crossroads (-60) - THBEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid THBEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBEUR
Open High Low THBEUR Price Change
0.02711573 0.02719463 0.02711352 0.02719463 +0.00007900
Entry Signal

MarketClub’s Trade Triangles for THBEUR

long term up The long-term trend has been UP since Nov 2nd, 2020 at 0.02759004

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.02747331

short term down The short-term trend has been DOWN since Feb 19th, 2021 at 0.02748312

Smart Scan Analysis for THBEUR

Based on our trend formula, THBEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for THBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02711573 0.02719463 0.02711352 0.02719463 +0.00007900
Prev. Close Volume Bid Ask Time
0.02711573 2021-02-26 04:18:59
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