Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Chinese Yuan Renminbi/Thai Baht (FOREX:CNYTHB)
Countertrend Up (+85) - CNYTHB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CNYTHB?
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.
MarketClub’s Trade Triangles for CNYTHB
The long-term trend has been UP since Sep 1st, 2020 at 4.5647699
The intermediate-term trend has been UP since Sep 16th, 2021 at 5.1449790
The short-term trend has been UP since Oct 15th, 2021 at 5.1961494
Smart Scan Analysis for CNYTHB
Based on our trend formula, CNYTHB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).