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.
MarketClub’s Trade Triangles for CNYTHB
The long-term trend has been DOWN since Jun 1st, 2020 at 4.4435584
The intermediate-term trend has been DOWN since May 7th, 2020 at 4.5546900
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).