Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
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.
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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 DOWN since Jan 12th, 2025 at 0.21075744
The short-term trend has been UP since Jan 17th, 2025 at 0.21287333
Smart Scan Analysis for THBCNY
Based on our trend formula, THBCNY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21269371 | 0.21458370 | 0.21266279 | 0.21452076 | +0.00182700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21269371 | 2025-01-20 09:37:31 |