Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Taiwan Dollar/Thai Baht (FOREX:TWDTHB)
Strong Downtrend (-100) - TWDTHB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TWDTHB continues to fall. Traders should use caution and set stops.
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 DOWN since May 16th, 2024 at 1.1247954
The intermediate-term trend has been DOWN since Jun 30th, 2024 at 1.1272342
The short-term trend has been DOWN since Jul 26th, 2024 at 1.0983999
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1015048 | 1.1021719 | 1.0942082 | 1.0942082 | -0.0072970 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1015048 | 2024-07-26 19:50:57 |