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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Thai Baht/Pakistani Rupee (FOREX:THBPKR)

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

Is it time to buy, sell, or avoid THBPKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBPKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBPKR
Open High Low THBPKR Price Change
7.579570 7.582358 7.579570 7.582358 +0.002788
Entry Signal

MarketClub’s Trade Triangles for THBPKR

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 7.646063

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 7.588100

short term down The short-term trend has been DOWN since Jun 13th, 2024 at 7.591652

Smart Scan Analysis for THBPKR

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

-75
Smart Scan Analysis for THBPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.579570 7.582358 7.579570 7.582358 +0.002788
Prev. Close Volume Bid Ask Time
7.579570 2024-06-20 16:15:07
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