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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Thai Baht/British Pound (FOREX:THBGBP)

Bull Market Weakness (+75) - THBGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
0.02277655 0.02287227 0.02277655 0.02282666 +0.00005000
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 down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.02273973

short term up The short-term trend has been UP since Nov 15th, 2024 at 0.02262717

Smart Scan Analysis for THBGBP

Based on our trend formula, THBGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for THBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02277655 0.02287227 0.02277655 0.02282666 +0.00005000
Prev. Close Volume Bid Ask Time
0.02277655 2024-11-21 06:50:12
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