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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Thai Baht/New Taiwan Dollar (FOREX:THBTWD)

Bear Market Rally (-75) - THBTWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBTWD as it may be in the beginning of a reversal.

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.

FOREX_THBTWD
Open High Low THBTWD Price Change
0.9229043 0.9229043 0.9229043 0.9229043 0.0000000
Entry Signal

MarketClub’s Trade Triangles for THBTWD

long term down The long-term trend has been DOWN since Nov 6th, 2019 at 1.0068720

intermediate term down The intermediate-term trend has been DOWN since Dec 12th, 2019 at 1.0049646

short term up The short-term trend has been UP since Apr 6th, 2020 at 0.9172257

Smart Scan Analysis for THBTWD

Based on our trend formula, THBTWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for THBTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9229043 0.9229043 0.9229043 0.9229043 0.0000000
Prev. Close Volume Bid Ask Time
0.9229043 0.8946309 0.9511776 2020-04-06 21:07:43
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