Forex Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for THBPKR
The long-term trend has been DOWN since Mar 1st, 2021 at 5.2709848
The intermediate-term trend has been DOWN since Feb 12th, 2021 at 5.3170651
The short-term trend has been DOWN since Mar 15th, 2021 at 5.1105332
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).