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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
New Taiwan Dollar/Thai Baht (FOREX:TWDTHB)
Sidelines Mode (+55) - TWDTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TWDTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TWDTHB
The long-term trend has been DOWN since May 16th, 2024 at 1.1247954
The intermediate-term trend has been UP since Oct 21st, 2024 at 1.0438881
The short-term trend has been DOWN since Nov 18th, 2024 at 1.0686392
Smart Scan Analysis for TWDTHB
Based on our trend formula, TWDTHB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0651584 | 1.0664751 | 1.0640452 | 1.0662066 | +0.0010480 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0651584 | 2024-11-20 03:26:39 |