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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Thai Baht/New Zealand Dollar (FOREX:THBNZD)

Sidelines Mode (+55) - THBNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_THBNZD
Open High Low THBNZD Price Change
0.05133675 0.05137227 0.05124934 0.05126261 -0.00007400
Entry Signal

MarketClub’s Trade Triangles for THBNZD

long term up The long-term trend has been UP since Mar 12th, 2020 at 0.05160611

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2020 at 0.05186868

short term down The short-term trend has been DOWN since May 18th, 2020 at 0.05179265

Smart Scan Analysis for THBNZD

Based on our trend formula, THBNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for THBNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05133675 0.05137227 0.05124934 0.05126261 -0.00007400
Prev. Close Volume Bid Ask Time
0.05133675 0.05125196 0.05127325 2020-05-25 14:54:07
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