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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Thai Baht/New Zealand Dollar (FOREX:THBNZD)

Long-Term Downtrend (-90) - THBNZD is in a strong downtrend that is likely to continue. While THBNZD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid THBNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBNZD
Open High Low THBNZD Price Change
0.04182873 0.04186630 0.04178285 0.04182044 -0.00000800
Entry Signal

MarketClub’s Trade Triangles for THBNZD

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 0.04939858

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2021 at 0.04226322

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 0.04260797

Smart Scan Analysis for THBNZD

Based on our trend formula, THBNZD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for THBNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04182873 0.04186630 0.04178285 0.04182044 -0.00000800
Prev. Close Volume Bid Ask Time
0.04182873 2021-10-22 03:53:18
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