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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Thai Baht/Euro (FOREX:THBEUR)

Crossroads (+60) - THBEUR is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_THBEUR
Open High Low THBEUR Price Change
0.02603152 0.02603423 0.02596730 0.02599971 -0.00003200
Entry Signal

MarketClub’s Trade Triangles for THBEUR

long term down The long-term trend has been DOWN since Feb 26th, 2021 at 0.02704752

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 0.02572680

short term up The short-term trend has been UP since Oct 22nd, 2021 at 0.02581647

Smart Scan Analysis for THBEUR

Based on our trend formula, THBEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for THBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02603152 0.02603423 0.02596730 0.02599971 -0.00003200
Prev. Close Volume Bid Ask Time
0.02603152 2021-10-26 08:34:50
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