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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
British Pound/Thai Baht (FOREX:GBPTHB)
Bear Market Rally (-75) - GBPTHB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPTHB as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for GBPTHB
The long-term trend has been DOWN since Aug 1st, 2024 at 45.558209
The intermediate-term trend has been UP since Nov 6th, 2024 at 43.975932
The short-term trend has been DOWN since Nov 15th, 2024 at 44.194703
Smart Scan Analysis for GBPTHB
Based on our trend formula, GBPTHB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 43.904838 | 43.904838 | 43.721103 | 43.808460 | -0.096378 |
| Prev. Close | Volume | Bid | Ask | Time |
| 43.904838 | 2024-11-21 06:50:12 |