Forex Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
Thai Baht/British Pound (FOREX:THBGBP)
Weak Downtrend (-65) - THBGBP is showing signs of a strengthening downtrend. Monitor THBGBP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for THBGBP
The long-term trend has been DOWN since Apr 4th, 2023 at 0.02336995
The intermediate-term trend has been UP since Sep 22nd, 2023 at 0.02266340
The short-term trend has been DOWN since Sep 27th, 2023 at 0.02246686
Smart Scan Analysis for THBGBP
Based on our trend formula, THBGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).