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Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Chinese Yuan Renminbi Offshore/Thai Baht (FOREX:CNHTHB)
Strong Uptrend (+100) - CNHTHB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNHTHB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CNHTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNHTHB
The long-term trend has been UP since Feb 24th, 2021 at 4.6755
The intermediate-term trend has been UP since Feb 8th, 2021 at 4.6565
The short-term trend has been UP since Feb 24th, 2021 at 4.6530
Smart Scan Analysis for CNHTHB
Based on our trend formula, CNHTHB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6575 | 7.5400 | 4.6575 | 7.5400 | +2.8825 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6575 | 2021-02-24 20:56:40 |