Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
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 Mar 8th, 2020 at 19.411714
The intermediate-term trend has been DOWN since Mar 12th, 2020 at 19.397450
The short-term trend has been UP since Mar 24th, 2020 at 19.076629
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).