Forex Trend Analysis Report
Prepared for you on Saturday, December 3, 2022.
British Pound/Thai Baht (FOREX:GBPTHB)
Long-Term Downtrend (-90) - GBPTHB is in a strong downtrend that is likely to continue. While GBPTHB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Sep 8th, 2022 at 41.884739
The intermediate-term trend has been DOWN since Nov 6th, 2022 at 41.950415
The short-term trend has been DOWN since Nov 28th, 2022 at 43.065233
Smart Scan Analysis for GBPTHB
Based on our trend formula, GBPTHB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).