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Forex Trend Analysis Report

Prepared for you on Monday, July 13, 2020.

Thai Baht/Euro (FOREX:THBEUR)

Strong Downtrend (-100) - THBEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid THBEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBEUR
Open High Low THBEUR Price Change
0.02832574 0.02832574 0.02832574 0.02832574 0.00000000
Entry Signal

MarketClub’s Trade Triangles for THBEUR

long term down The long-term trend has been DOWN since Jan 2nd, 2020 at 0.02956309

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2020 at 0.02830619

short term down The short-term trend has been DOWN since Jul 1st, 2020 at 0.02867962

Smart Scan Analysis for THBEUR

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

-100
Smart Scan Analysis for THBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02832574 0.02832574 0.02832574 0.02832574 0.00000000
Prev. Close Volume Bid Ask Time
0.02832574 0.02768419 0.02896729 2020-07-13 01:45:49
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