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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Thai Baht/Euro (FOREX:THBEUR)

Sidelines Mode (-55) - THBEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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
0.02958146 0.02962352 0.02952469 0.02962352 +0.00004200
Entry Signal

MarketClub’s Trade Triangles for THBEUR

long term down The long-term trend has been DOWN since Jan 2nd, 2020 at 0.02956309

intermediate term down The intermediate-term trend has been DOWN since Jan 2nd, 2020 at 0.02960422

short term up The short-term trend has been UP since Feb 3rd, 2020 at 0.02921076

Smart Scan Analysis for THBEUR

Based on our trend formula, THBEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for THBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02958146 0.02962352 0.02952469 0.02962352 +0.00004200
Prev. Close Volume Bid Ask Time
0.02958146 0.02959280 0.02965423 2020-02-17 16:17:45
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