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Forex Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

Euro/Thai Baht (FOREX:EURTHB)

Bear Market Rally (-75) - EURTHB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURTHB as it may be in the beginning of a reversal.

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
38.048 38.048 37.661 37.667 -0.381
Entry Signal

MarketClub’s Trade Triangles for EURTHB

long term down The long-term trend has been DOWN since Nov 8th, 2021 at 37.990

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2022 at 38.165

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 37.832

Smart Scan Analysis for EURTHB

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

-75
Smart Scan Analysis for EURTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.048 38.048 37.661 37.667 -0.381
Prev. Close Volume Bid Ask Time
38.048 2022-01-17 10:44:25
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