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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

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
0.04384317 0.04414149 0.04380306 0.04411220 +0.00026900
Entry Signal

MarketClub’s Trade Triangles for THBNZD

long term down The long-term trend has been DOWN since Mar 21st, 2022 at 0.04321702

intermediate term up The intermediate-term trend has been UP since Aug 7th, 2022 at 0.04500429

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 0.04452564

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
0.04384317 0.04414149 0.04380306 0.04411220 +0.00026900
Prev. Close Volume Bid Ask Time
0.04384317 2022-08-15 03:52:53
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