Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Thai Baht/Euro (FOREX:THBEUR)
Crossroads (+60) - THBEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for THBEUR
The long-term trend has been DOWN since Feb 26th, 2021 at 0.02704752
The intermediate-term trend has been UP since Oct 11th, 2021 at 0.02572680
The short-term trend has been UP since Oct 22nd, 2021 at 0.02581647
Smart Scan Analysis for THBEUR
Based on our trend formula, THBEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).