Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Thai Baht/Chinese Yuan Renminbi (FOREX:THBCNY)

Bull Market Weakness (+75) - THBCNY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.

Open	High	Low	THBCNY Price	Change
0.19181363	0.19203084	0.19137696	0.19192705	+0.00011300
Entry Signal

MarketClub’s Trade Triangles for THBCNY

The long-term trend has been DOWN since Jun 23rd, 2022 at 0.18858765

The intermediate-term trend has been UP since Aug 1st, 2022 at 0.18649371

The short-term trend has been UP since Jul 28th, 2022 at 0.18445437

Smart Scan Analysis for THBCNY

Based on our trend formula, THBCNY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.19181363	0.19203084	0.19137696	0.19192705	+0.00011300
Prev. Close	Volume	Bid	Ask	Time
0.19181363				2022-08-16 21:03:35

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