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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Thai Baht/Chinese Yuan Renminbi Offshore (FOREX:THBCNH)

Strong Downtrend (-100) - THBCNH is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid THBCNH?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBCNH.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBCNH
Open High Low THBCNH Price Change
0.19156869 0.19174798 0.19112022 0.19136606 -0.00020300
Entry Signal

MarketClub’s Trade Triangles for THBCNH

long term down The long-term trend has been DOWN since Feb 26th, 2021 at 0.21296021

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2021 at 0.19437743

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 0.19241639

Smart Scan Analysis for THBCNH

Based on our trend formula, THBCNH is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for THBCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19156869 0.19174798 0.19112022 0.19136606 -0.00020300
Prev. Close Volume Bid Ask Time
0.19156869 2021-10-21 18:02:48
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