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Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

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 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
0.02619380 0.02648588 0.02616570 0.02644176 +0.00024800
Entry Signal

MarketClub’s Trade Triangles for THBEUR

long term up The long-term trend has been UP since Nov 8th, 2021 at 0.02632274

intermediate term down The intermediate-term trend has been DOWN since Dec 2nd, 2021 at 0.02602746

short term up The short-term trend has been UP since Dec 7th, 2021 at 0.02626329

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
0.02619380 0.02648588 0.02616570 0.02644176 +0.00024800
Prev. Close Volume Bid Ask Time
0.02619380 2021-12-07 21:47:31
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