Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

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

Bull Market Weakness (+75) - THBCNH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBCNH as it may be in the beginning stages of a reversal.

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
0.20033080 0.20047492 0.19982556 0.19998035 -0.00035000
Entry Signal

MarketClub’s Trade Triangles for THBCNH

long term up The long-term trend has been UP since Nov 2nd, 2022 at 0.19466407

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2023 at 0.20190075

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 0.20050949

Smart Scan Analysis for THBCNH

Based on our trend formula, THBCNH is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for THBCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20033080 0.20047492 0.19982556 0.19998035 -0.00035000
Prev. Close Volume Bid Ask Time
0.20033080 2023-03-23 01:44:12
Get a free daily analysis and signals for Thai Baht/Chinese Yuan Renminbi Offshore (THBCNH) - Request Your Free Report.