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.
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).