Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
New Zealand Dollar/Thai Baht (FOREX:NZDTHB)
Sidelines Mode (-55) - NZDTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NZDTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDTHB
The long-term trend has been DOWN since Sep 21st, 2022 at 21.683800
The intermediate-term trend has been DOWN since Mar 24th, 2023 at 21.155200
The short-term trend has been UP since Mar 28th, 2023 at 21.378072
Smart Scan Analysis for NZDTHB
Based on our trend formula, NZDTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).