Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
Thai Baht/Pakistani Rupee (FOREX:THBPKR)
Sidelines Mode (+50) - THBPKR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until THBPKR can gain momentum.
Is it time to buy, sell, or avoid THBPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THBPKR
The long-term trend has been DOWN since Jan 20th, 2020 at 5.0997875
The intermediate-term trend has been UP since Mar 26th, 2020 at 5.0126104
The short-term trend has been UP since Mar 25th, 2020 at 4.8923770
Smart Scan Analysis for THBPKR
Based on our trend formula, THBPKR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).