Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Thai Baht/Euro (FOREX:THBEUR)
Weak Downtrend (-65) - THBEUR is showing signs of a strengthening downtrend. Monitor THBEUR as it may be building momentum to the downside.
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 Nov 2nd, 2020 at 0.02759004
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.02747331
The short-term trend has been DOWN since Feb 19th, 2021 at 0.02748312
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).