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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Thai Baht/Euro (FOREX:THBEUR)

Bull Market Weakness (+75) - THBEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBEUR as it may be in the beginning stages of a reversal.

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
0.02561609 0.02571556 0.02561150 0.02567528 +0.00005900
Entry Signal

MarketClub’s Trade Triangles for THBEUR

long term down The long-term trend has been DOWN since Feb 20th, 2024 at 0.02565684

intermediate term up The intermediate-term trend has been UP since Apr 11th, 2024 at 0.02565840

short term up The short-term trend has been UP since Apr 9th, 2024 at 0.02525765

Smart Scan Analysis for THBEUR

Based on our trend formula, THBEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for THBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02561609 0.02571556 0.02561150 0.02567528 +0.00005900
Prev. Close Volume Bid Ask Time
0.02561609 2024-04-16 17:14:03
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