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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
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.
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MarketClub’s Trade Triangles for THBEUR
The long-term trend has been DOWN since Feb 20th, 2024 at 0.02565684
The intermediate-term trend has been UP since Apr 11th, 2024 at 0.02565840
The short-term trend has been DOWN since Apr 17th, 2024 at 0.02552846
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02551608 | 0.02551608 | 0.02544726 | 0.02546021 | -0.00005600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02551608 | 2024-04-19 06:52:34 |