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Forex Trend Analysis Report

Prepared for you on Sunday, October 1, 2023.

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 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
5.0449862 5.0449862 5.0449862 5.0449862 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CNYTHB

long term up The long-term trend has been UP since Sep 4th, 2023 at 4.9382622

intermediate term up The intermediate-term trend has been UP since Aug 3rd, 2023 at 4.8483127

short term up The short-term trend has been UP since Sep 27th, 2023 at 5.0387182

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
5.0449862 5.0449862 5.0449862 5.0449862 0.0000000
Prev. Close Volume Bid Ask Time
5.0449862 2023-10-01 22:05:30
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