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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.

FOREX_THBGBP
Open High Low THBGBP Price Change
0.02226370 0.02229615 0.02225065 0.02229615 +0.00003200
Entry Signal

MarketClub’s Trade Triangles for THBGBP

long term down The long-term trend has been DOWN since Apr 4th, 2023 at 0.02336995

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2023 at 0.02266340

short term down 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).

-65
Smart Scan Analysis for THBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02226370 0.02229615 0.02225065 0.02229615 +0.00003200
Prev. Close Volume Bid Ask Time
0.02226370 2023-10-04 02:43:05
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