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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

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.

FOREX_THBEUR
Open High Low THBEUR Price Change
0.02516675 0.02521752 0.02516675 0.02519338 +0.00002700
Entry Signal

MarketClub’s Trade Triangles for THBEUR

long term down The long-term trend has been DOWN since Feb 20th, 2024 at 0.02565684

intermediate term up The intermediate-term trend has been UP since Apr 11th, 2024 at 0.02565840

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 0.02552846

Smart Scan Analysis for THBEUR

Based on our trend formula, THBEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for THBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02516675 0.02521752 0.02516675 0.02519338 +0.00002700
Prev. Close Volume Bid Ask Time
0.02516675 2024-04-26 04:45:10
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