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.
MarketClub’s Trade Triangles for THBNZD
The long-term trend has been UP since Mar 12th, 2020 at 0.05160611
The intermediate-term trend has been UP since Apr 22nd, 2020 at 0.05186868
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).