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.
MarketClub’s Trade Triangles for THBTWD
The long-term trend has been DOWN since Mar 5th, 2021 at 0.9222698
The intermediate-term trend has been UP since Oct 14th, 2021 at 0.8323609
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).