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Forex Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

British Pound/Thai Baht (FOREX:GBPTHB)

Sidelines Mode (+55) - GBPTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
40.793019 40.840004 40.207154 40.207154 -0.585865
Entry Signal

MarketClub’s Trade Triangles for GBPTHB

long term up The long-term trend has been UP since Oct 16th, 2019 at 38.912000

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2020 at 40.001218

short term down The short-term trend has been DOWN since Feb 27th, 2020 at 40.795243

Smart Scan Analysis for GBPTHB

Based on our trend formula, GBPTHB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.793019 40.840004 40.207154 40.207154 -0.585865
Prev. Close Volume Bid Ask Time
40.793019 40.166558 40.247750 2020-02-28 13:31:43
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