Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, January 14, 2025.
Chinese Yuan Renminbi/Thai Baht (FOREX:CNYTHB)
Bull Market Weakness (+75) - CNYTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNYTHB as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for CNYTHB
The long-term trend has been DOWN since Jun 5th, 2024 at 5.0462921
The intermediate-term trend has been UP since Jan 12th, 2025 at 4.7443430
The short-term trend has been UP since Dec 30th, 2024 at 4.6834320
Smart Scan Analysis for CNYTHB
Based on our trend formula, CNYTHB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.7350459 | 4.7482587 | 4.7259663 | 4.7386103 | +0.0035640 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.7350459 | 2025-01-14 22:59:26 |