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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

Thai Baht/Euro (FOREX:THBEUR)

Bear Market Rally (-75) - THBEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBEUR as it may be in the beginning 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
0.02805209 0.02805209 0.02805209 0.02805209 0.00000000
Entry Signal

MarketClub’s Trade Triangles for THBEUR

long term down The long-term trend has been DOWN since Jan 2nd, 2020 at 0.02956309

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 0.02888173

short term up The short-term trend has been UP since Apr 2nd, 2020 at 0.02791024

Smart Scan Analysis for THBEUR

Based on our trend formula, THBEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for THBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02805209 0.02805209 0.02805209 0.02805209 0.00000000
Prev. Close Volume Bid Ask Time
0.02805209 0.02802455 0.02807963 2020-04-05 10:25:07
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