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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Thai Baht/British Pound (FOREX:THBGBP)

Strong Downtrend (-100) - THBGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, THBGBP continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid THBGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBGBP
Open High Low THBGBP Price Change
0.02175937 0.02175937 0.02171779 0.02173448 -0.00002500
Entry Signal

MarketClub’s Trade Triangles for THBGBP

long term down The long-term trend has been DOWN since Jan 22nd, 2024 at 0.02207862

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2024 at 0.02245071

short term down The short-term trend has been DOWN since Mar 7th, 2024 at 0.02197047

Smart Scan Analysis for THBGBP

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

-100
Smart Scan Analysis for THBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02175937 0.02175937 0.02171779 0.02173448 -0.00002500
Prev. Close Volume Bid Ask Time
0.02175937 2024-03-28 06:50:16
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