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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

Thai Baht/Euro (FOREX:THBEUR)

Strong Uptrend (+100) - THBEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, THBEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.02778455 0.02810334 0.02778455 0.02807257 +0.00028800
Entry Signal

MarketClub’s Trade Triangles for THBEUR

long term up The long-term trend has been UP since Jul 30th, 2024 at 0.02578252

intermediate term up The intermediate-term trend has been UP since Nov 22nd, 2024 at 0.02752170

short term up The short-term trend has been UP since Nov 29th, 2024 at 0.02763350

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
0.02778455 0.02810334 0.02778455 0.02807257 +0.00028800
Prev. Close Volume Bid Ask Time
0.02778455 2024-12-09 21:47:20
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