Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

Thai Baht/New Zealand Dollar (FOREX:THBNZD)

Crossroads (-60) - THBNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	THBNZD Price	Change
0.04656403	0.04666352	0.04645465	0.04659563	+0.00003200
Entry Signal

MarketClub’s Trade Triangles for THBNZD

The long-term trend has been UP since Aug 21st, 2023 at 0.04811913

The intermediate-term trend has been DOWN since Sep 10th, 2023 at 0.04757565

The short-term trend has been DOWN since Sep 7th, 2023 at 0.04768407

Smart Scan Analysis for THBNZD

Based on our trend formula, THBNZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.04656403	0.04666352	0.04645465	0.04659563	+0.00003200
Prev. Close	Volume	Bid	Ask	Time
0.04656403				2023-09-22 12:32:30

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