Forex Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
Thai Baht/Chinese Yuan Renminbi (FOREX:THBCNY)
Weak Uptrend (+65) - THBCNY is showing signs of weakening momentum to the upside. Monitor THBCNY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid THBCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBCNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THBCNY
The long-term trend has been UP since Jun 1st, 2020 at 0.22504487
The intermediate-term trend has been DOWN since Jul 5th, 2020 at 0.22685003
The short-term trend has been UP since Jul 21st, 2020 at 0.22122762
Smart Scan Analysis for THBCNY
Based on our trend formula, THBCNY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).