Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
New Taiwan Dollar/Thai Baht (FOREX:TWDTHB)
Strong Uptrend (+100) - TWDTHB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TWDTHB 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 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.
MarketClub’s Trade Triangles for TWDTHB
The long-term trend has been UP since Oct 2nd, 2023 at 1.1429226
The intermediate-term trend has been UP since Nov 20th, 2023 at 1.1202225
The short-term trend has been UP since Nov 29th, 2023 at 1.1200635
Smart Scan Analysis for TWDTHB
Based on our trend formula, TWDTHB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).