Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
New Zealand Dollar/Thai Baht (FOREX:NZDTHB)
Bull Market Weakness (+75) - NZDTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDTHB as it may be in the beginning stages of a reversal.
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 UP since Jun 3rd, 2020 at 20.262232
The intermediate-term trend has been UP since Nov 18th, 2020 at 20.988293
The short-term trend has been DOWN since Feb 26th, 2021 at 21.933450
Smart Scan Analysis for NZDTHB
Based on our trend formula, NZDTHB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).