Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
Thai Baht/Pakistani Rupee (FOREX:THBPKR)
Bull Market Weakness (+75) - THBPKR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBPKR as it may be in the beginning stages of a reversal.
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 UP since Aug 25th, 2021 at 5.0443432
The intermediate-term trend has been UP since Oct 12th, 2021 at 5.0682695
The short-term trend has been DOWN since Oct 15th, 2021 at 5.1185830
Smart Scan Analysis for THBPKR
Based on our trend formula, THBPKR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).