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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Thai Baht/British Pound (FOREX:THBGBP)

Weak Uptrend (+65) - THBGBP is showing signs of weakening momentum to the upside. Monitor THBGBP as it may be in the beginning stages of a reversal.

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
0.02284220 0.02293992 0.02282358 0.02293521 +0.00009300
Entry Signal

MarketClub’s Trade Triangles for THBGBP

long term up The long-term trend has been UP since Aug 1st, 2024 at 0.02194996

intermediate term up The intermediate-term trend has been UP since Jul 24th, 2024 at 0.02153156

short term down The short-term trend has been DOWN since Oct 21st, 2024 at 0.02309992

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
0.02284220 0.02293992 0.02282358 0.02293521 +0.00009300
Prev. Close Volume Bid Ask Time
0.02284220 2024-10-25 17:09:45
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