Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
Thai Baht/New Taiwan Dollar (FOREX:THBTWD)
Weak Downtrend (-65) - THBTWD is showing signs of a strengthening downtrend. Monitor THBTWD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for THBTWD
The long-term trend has been UP since Nov 12th, 2020 at 0.9422238
The intermediate-term trend has been DOWN since Feb 18th, 2021 at 0.9303283
The short-term trend has been DOWN since Feb 17th, 2021 at 0.9379829
Smart Scan Analysis for THBTWD
Based on our trend formula, THBTWD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).