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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Thai Baht/New Zealand Dollar (FOREX:THBNZD)

Strong Downtrend (-100) - THBNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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
0.04542203 0.04542203 0.04542203 0.04542203 0.00000000
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 Feb 8th, 2021 at 0.04605752

short term down The short-term trend has been DOWN since Feb 15th, 2021 at 0.04620468

Smart Scan Analysis for THBNZD

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

-100
Smart Scan Analysis for THBNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04542203 0.04542203 0.04542203 0.04542203 0.00000000
Prev. Close Volume Bid Ask Time
0.04542203 2021-02-28 08:44:46
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