Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Thai Baht/New Taiwan Dollar (FOREX:THBTWD)
Strong Uptrend (+100) - THBTWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, THBTWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 May 16th, 2024 at 0.8931813
The intermediate-term trend has been UP since May 16th, 2024 at 0.8894370
The short-term trend has been UP since Jul 26th, 2024 at 0.9106203
Smart Scan Analysis for THBTWD
Based on our trend formula, THBTWD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9077892 | 0.9146070 | 0.9068842 | 0.9137705 | +0.0059810 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9077892 | 2024-07-26 17:00:04 |