Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Euro/Thai Baht (FOREX:EURTHB)

Crossroads (-60) - EURTHB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_EURTHB
Open High Low EURTHB Price Change
39.029 39.045 38.902 38.989 -0.040
Entry Signal

MarketClub’s Trade Triangles for EURTHB

long term up The long-term trend has been UP since Feb 20th, 2024 at 38.968

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 38.990

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 39.631

Smart Scan Analysis for EURTHB

Based on our trend formula, EURTHB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.029 39.045 38.902 38.989 -0.040
Prev. Close Volume Bid Ask Time
39.029 2024-04-16 14:37:56
Get a free daily analysis and signals for Euro/Thai Baht (EURTHB) - Request Your Free Report.