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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Thai Baht/Chinese Yuan Renminbi Offshore (FOREX:THBCNH)
Sidelines Mode (-55) - THBCNH 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 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.
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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 DOWN since Oct 7th, 2024 at 0.21026430
The short-term trend has been UP since Nov 18th, 2024 at 0.20871305
Smart Scan Analysis for THBCNH
Based on our trend formula, THBCNH is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20945850 | 0.20968631 | 0.20876254 | 0.20890055 | -0.00055800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20945850 | 2024-11-20 03:44:34 |