Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Thai Baht/New Taiwan Dollar (FOREX:THBTWD)

Sidelines Mode (-55) - THBTWD 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 THBTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	THBTWD Price	Change
0.8965431	0.8979055	0.8914223	0.8970476	+0.0005040
Entry Signal

MarketClub’s Trade Triangles for THBTWD

The long-term trend has been DOWN since Mar 10th, 2023 at 0.8652639

The intermediate-term trend has been DOWN since Feb 22nd, 2023 at 0.8765209

The short-term trend has been UP since Mar 16th, 2023 at 0.8903011

Smart Scan Analysis for THBTWD

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

-55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.8965431	0.8979055	0.8914223	0.8970476	+0.0005040
Prev. Close	Volume	Bid	Ask	Time
0.8965431				2023-03-20 21:12:33

Get a free daily analysis and signals for Thai Baht/New Taiwan Dollar (THBTWD) - Request Your Free Report.