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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Thai Baht/Chinese Yuan Renminbi (FOREX:THBCNY)
Long-Term Uptrend (+90) - THBCNY is in a strong uptrend that is likely to continue. While THBCNY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for THBCNY
The long-term trend has been UP since Jul 5th, 2024 at 0.19899466
The intermediate-term trend has been UP since Jan 20th, 2025 at 0.21518278
The short-term trend has been UP since Feb 19th, 2025 at 0.21659030
Smart Scan Analysis for THBCNY
Based on our trend formula, THBCNY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21606079 | 0.21606079 | 0.21604147 | 0.21604147 | -0.00001900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21606079 | 2025-02-22 03:21:27 |