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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Chinese Yuan Renminbi/Thai Baht (FOREX:CNYTHB)

Strong Uptrend (+100) - CNYTHB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNYTHB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
4.6896578 4.7001966 4.6825306 4.6961552 +0.0064970
Entry Signal

MarketClub’s Trade Triangles for CNYTHB

long term up The long-term trend has been UP since Sep 1st, 2020 at 4.5647699

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2020 at 4.6263935

short term up The short-term trend has been UP since Feb 16th, 2021 at 4.6419088

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
4.6896578 4.7001966 4.6825306 4.6961552 +0.0064970
Prev. Close Volume Bid Ask Time
4.6896578 2021-02-26 05:27:39
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