Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Thai Baht/Euro (FOREX:THBEUR)
Sidelines Mode (+55) - THBEUR 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 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 UP since Jan 3rd, 2023 at 0.02751034
The intermediate-term trend has been UP since Mar 15th, 2023 at 0.02729707
The short-term trend has been DOWN since Mar 21st, 2023 at 0.02730751
Smart Scan Analysis for THBEUR
Based on our trend formula, THBEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).