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.
MarketClub’s Trade Triangles for THBGBP
The long-term trend has been DOWN since Jul 25th, 2022 at 0.02258328
The intermediate-term trend has been UP since Aug 8th, 2022 at 0.02325423
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).