Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
Chinese Yuan Renminbi Offshore/Thai Baht (FOREX:CNHTHB)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CNHTHB
The long term trend has been DOWN since Jun 3rd, 2019 at 4.56735
The intermediate term trend has been DOWN since Jun 3rd, 2019 at 4.56735
The short term trend has been DOWN since May 30th, 2019 at 4.60900
Smart Scan Analysis for CNHTHB
Based on a pre-defined weighted trend formula for chart analysis, CNHTHB scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5035 | 4.5035 | 4.5035 | 4.5035 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.5035 | 4.4985 | 4.5085 | 2019-06-14 11:57:41 |