Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

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

Countertrend Down (-85) - THBCNH is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

Open	High	Low	THBCNH Price	Change
0.19558940	0.19638673	0.19554817	0.19599461	+0.00040500
Entry Signal

MarketClub’s Trade Triangles for THBCNH

The long-term trend has been DOWN since Feb 14th, 2024 at 0.19994708

The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.19989125

The short-term trend has been UP since Apr 23rd, 2024 at 0.19698994

Smart Scan Analysis for THBCNH

Based on our trend formula, THBCNH is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.19558940	0.19638673	0.19554817	0.19599461	+0.00040500
Prev. Close	Volume	Bid	Ask	Time
0.19558940				2024-04-25 09:42:22

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