Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Thai Baht/Chinese Yuan Renminbi (FOREX:THBCNY)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_THBCNY
Open High Low THBCNY Price Change
0.22730271 0.22760024 0.22694623 0.22708272 -0.00022000
Entry Signal

MarketClub’s Trade Triangles for THBCNY

long term down The long term trend has been DOWN since Jan 7th, 2020 at 0.22916580

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2020 at 0.23080456

short term up The short term trend has been UP since Jan 20th, 2020 at 0.22665523

Smart Scan Analysis for THBCNY

Based on a pre-defined weighted trend formula for chart analysis, THBCNY scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for THBCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22730271 0.22760024 0.22694623 0.22708272 -0.00022000
Prev. Close Volume Bid Ask Time
0.22730271 0.22678667 0.22737877 2020-01-21 09:20:05
Get a free daily report for Thai Baht/Chinese Yuan Renminbi (THBCNY) - Free Trend Analysis Report.