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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Thai Baht/Euro (FOREX:THBEUR)

Sidelines Mode (+50) - THBEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until THBEUR can gain 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.

FOREX_THBEUR
Open High Low THBEUR Price Change
0.02845358 0.02850224 0.02844872 0.02850224 +0.00004900
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 up The intermediate-term trend has been UP since Apr 20th, 2020 at 0.02837446

short term up The short-term trend has been UP since Jun 2nd, 2020 at 0.02845358

Smart Scan Analysis for THBEUR

Based on our trend formula, THBEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for THBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02845358 0.02850224 0.02844872 0.02850224 +0.00004900
Prev. Close Volume Bid Ask Time
0.02845358 0.02847380 0.02853067 2020-06-02 03:12:59
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