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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.

FOREX_THBCNY
Open High Low THBCNY Price Change
0.22332365 0.22406296 0.22318580 0.22373348 +0.00041000
Entry Signal

MarketClub’s Trade Triangles for THBCNY

long term up The long-term trend has been UP since Jun 1st, 2020 at 0.22504487

intermediate term down The intermediate-term trend has been DOWN since Jul 5th, 2020 at 0.22685003

short term up 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).

+65
Smart Scan Analysis for THBCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22332365 0.22406296 0.22318580 0.22373348 +0.00041000
Prev. Close Volume Bid Ask Time
0.22332365 0.22346096 0.22400600 2020-08-03 19:42:03
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