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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Thai Baht/British Pound (FOREX:THBGBP)

Crossroads (+60) - THBGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.02335496 0.02354567 0.02326648 0.02347749 +0.00012300
Entry Signal

MarketClub’s Trade Triangles for THBGBP

long term down The long-term trend has been DOWN since Jul 25th, 2022 at 0.02258328

intermediate term up The intermediate-term trend has been UP since Aug 8th, 2022 at 0.02325423

short term up The short-term trend has been UP since Jul 29th, 2022 at 0.02274265

Smart Scan Analysis for THBGBP

Based on our trend formula, THBGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for THBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02335496 0.02354567 0.02326648 0.02347749 +0.00012300
Prev. Close Volume Bid Ask Time
0.02335496 2022-08-18 22:33:44
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