Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

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.

FOREX_GBPTHB
Open High Low GBPTHB Price Change
45.807017 45.875548 45.758919 45.824256 +0.017239
Entry Signal

MarketClub’s Trade Triangles for GBPTHB

long term up The long-term trend has been UP since Jan 22nd, 2024 at 45.292727

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 45.607940

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 46.208826

Smart Scan Analysis for GBPTHB

Based on our trend formula, GBPTHB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.807017 45.875548 45.758919 45.824256 +0.017239
Prev. Close Volume Bid Ask Time
45.807017 2024-04-18 21:07:18
Get a free daily analysis and signals for British Pound/Thai Baht (GBPTHB) - Request Your Free Report.