Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
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 17th, 2019 at 0.9978750
The intermediate-term trend has been UP since Feb 19th, 2021 at 1.0792364
The short-term trend has been UP since Mar 3rd, 2021 at 1.0932535
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).