Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

British Pound/Thai Baht (FOREX:GBPTHB)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPTHB
Open High Low GBPTHB Price Change
40.298235 40.701198 40.271000 40.657873 +0.359638
Entry Signal

MarketClub’s Trade Triangles for GBPTHB

long term down The long term trend has been DOWN since May 1st, 2018 at 43.260438

intermediate term down The intermediate term trend has been DOWN since Feb 5th, 2019 at 40.516790

short term up The short term trend has been UP since Feb 19th, 2019 at 40.421416

Smart Scan Analysis for GBPTHB

Based on a pre-defined weighted trend formula for chart analysis, GBPTHB scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for GBPTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.298235 40.701198 40.271000 40.657873 +0.359638
Prev. Close Volume Bid Ask Time
40.298235 40.646810 40.668936 2019-02-19 21:03:57
Want to analyze British Pound/Thai Baht GBPTHB or another symbol? Try our Free Forex Trend Analysis Report.