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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Thai Baht/Pakistani Rupee (FOREX:THBPKR)

Strong Downtrend (-100) - THBPKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, THBPKR continues to fall. Traders should use caution and set stops.

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
7.555513 7.567898 7.555513 7.567898 +0.012385
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 down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 7.768636

short term down The short-term trend has been DOWN since Mar 13th, 2024 at 7.847515

Smart Scan Analysis for THBPKR

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

-100
Smart Scan Analysis for THBPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.555513 7.567898 7.555513 7.567898 +0.012385
Prev. Close Volume Bid Ask Time
7.555513 2024-04-19 12:55:13
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