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.
MarketClub’s Trade Triangles for GBPTHB
The long-term trend has been UP since Oct 16th, 2019 at 38.912000
The intermediate-term trend has been UP since Jan 22nd, 2020 at 40.001218
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).