Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Thai Baht/New Taiwan Dollar (FOREX:THBTWD)
Bull Market Weakness (+75) - THBTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBTWD as it may be in the beginning stages 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.
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 UP since Nov 5th, 2020 at 0.9226904
The short-term trend has been DOWN since Nov 18th, 2020 at 0.9429737
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).