Forex Trend Analysis Report
Prepared for you on Tuesday, July 7, 2020.
British Pound/Thai Baht (FOREX:GBPTHB)
Weak Downtrend (-65) - GBPTHB is showing signs of a strengthening downtrend. Monitor GBPTHB as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPTHB
The long-term trend has been DOWN since Mar 17th, 2020 at 38.964331
The intermediate-term trend has been DOWN since Apr 21st, 2020 at 39.982825
The short-term trend has been UP since Jul 1st, 2020 at 38.378953
Smart Scan Analysis for GBPTHB
Based on our trend formula, GBPTHB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).