Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Thai Baht/Chinese Yuan Renminbi Offshore (FOREX:THBCNH)
Long-Term Uptrend (+90) - THBCNH is in a strong uptrend that is likely to continue. While THBCNH is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for THBCNH
The long-term trend has been UP since Jul 11th, 2024 at 0.20193359
The intermediate-term trend has been UP since Jul 3rd, 2024 at 0.19935755
The short-term trend has been UP since Jul 26th, 2024 at 0.20233684
Smart Scan Analysis for THBCNH
Based on our trend formula, THBCNH is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20071804 | 0.20240747 | 0.20052502 | 0.20228257 | +0.00156500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20071804 | 2024-07-26 17:00:03 |