Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Thai Baht/Euro (FOREX:THBEUR)
Strong Uptrend (+100) - THBEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, THBEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for THBEUR
The long-term trend has been UP since Dec 6th, 2023 at 0.02643896
The intermediate-term trend has been UP since Dec 4th, 2023 at 0.02637411
The short-term trend has been UP since Nov 27th, 2023 at 0.02602813
Smart Scan Analysis for THBEUR
Based on our trend formula, THBEUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).