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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Thai Baht/New Taiwan Dollar (FOREX:THBTWD)

Crossroads (-60) - THBTWD is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_THBTWD
Open High Low THBTWD Price Change
0.8451743 0.8451743 0.8451743 0.8451743 0.0000000
Entry Signal

MarketClub’s Trade Triangles for THBTWD

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 0.9222698

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 0.8323609

short term up The short-term trend has been UP since Oct 10th, 2021 at 0.8274461

Smart Scan Analysis for THBTWD

Based on our trend formula, THBTWD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for THBTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8451743 0.8451743 0.8451743 0.8451743 0.0000000
Prev. Close Volume Bid Ask Time
0.8451743 2021-10-14 07:18:43
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