Forex Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
Euro/Thai Baht (FOREX:EURTHB)
Countertrend Up (+85) - EURTHB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid EURTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURTHB
The long-term trend has been UP since Feb 26th, 2021 at 36.960
The intermediate-term trend has been UP since Feb 22nd, 2021 at 36.386
The short-term trend has been DOWN since Mar 1st, 2021 at 36.453
Smart Scan Analysis for EURTHB
Based on our trend formula, EURTHB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).