Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Thai Baht/New Taiwan Dollar (FOREX:THBTWD)

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

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

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

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

FOREX_THBTWD
Open High Low THBTWD Price Change
0.8814627 0.8823154 0.8803131 0.8807498 -0.0007130
Entry Signal

MarketClub’s Trade Triangles for THBTWD

long term down The long-term trend has been DOWN since Oct 2nd, 2023 at 0.8751629

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 0.8843574

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 0.8834743

Smart Scan Analysis for THBTWD

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

-75
Smart Scan Analysis for THBTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8814627 0.8823154 0.8803131 0.8807498 -0.0007130
Prev. Close Volume Bid Ask Time
0.8814627 2024-03-19 07:42:01
Get a free daily analysis and signals for Thai Baht/New Taiwan Dollar (THBTWD) - Request Your Free Report.