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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Chinese Yuan Renminbi/Thai Baht (FOREX:CNYTHB)

Strong Downtrend (-100) - CNYTHB 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 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.

FOREX_CNYTHB
Open High Low CNYTHB Price Change
4.4359318 4.4378653 4.4316476 4.4339301 -0.0020020
Entry Signal

MarketClub’s Trade Triangles for CNYTHB

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 4.4435584

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2020 at 4.5546900

short term down The short-term trend has been DOWN since May 4th, 2020 at 4.5794019

Smart Scan Analysis for CNYTHB

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

-100
Smart Scan Analysis for CNYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4359318 4.4378653 4.4316476 4.4339301 -0.0020020
Prev. Close Volume Bid Ask Time
4.4359318 4.4295141 4.4383461 2020-06-02 02:10:16
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