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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Chinese Yuan Renminbi/Thai Baht (FOREX:CNYTHB)

Long-Term Uptrend (+90) - CNYTHB is in a strong uptrend that is likely to continue. While CNYTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ?

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

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

FOREX_CNYTHB
Open High Low CNYTHB Price Change
4.4662439 4.4725477 4.4619492 4.4646563 -0.0015880
Entry Signal

MarketClub’s Trade Triangles for CNYTHB

long term up The long-term trend has been UP since Jan 7th, 2020 at 4.3672982

intermediate term up The intermediate-term trend has been UP since Jan 2nd, 2020 at 4.3326700

short term up The short-term trend has been UP since Feb 17th, 2020 at 4.4704108

Smart Scan Analysis for CNYTHB

Based on our trend formula, CNYTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CNYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4662439 4.4725477 4.4619492 4.4646563 -0.0015880
Prev. Close Volume Bid Ask Time
4.4662439 4.4600293 4.4692833 2020-02-17 17:12:24
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