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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 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
0.21294975 0.21378705 0.21261275 0.21317371 +0.00022400
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 Feb 7th, 2021 at 0.21488874

short term down The short-term trend has been DOWN since Feb 24th, 2021 at 0.21484521

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
0.21294975 0.21378705 0.21261275 0.21317371 +0.00022400
Prev. Close Volume Bid Ask Time
0.21294975 2021-03-05 17:01:26
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