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Forex Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

Chinese Yuan Renminbi Offshore/Thai Baht (FOREX:CNHTHB)

Weak Downtrend (-65) - CNHTHB is showing signs of a strengthening downtrend. Monitor CNHTHB as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CNHTHB?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNHTHB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNHTHB
Open High Low CNHTHB Price Change
4.4738 4.4738 4.4729 4.4729 -0.0009
Entry Signal

MarketClub’s Trade Triangles for CNHTHB

long term up The long-term trend has been UP since Jan 8th, 2020 at 4.37790

intermediate term down The intermediate-term trend has been DOWN since Apr 20th, 2020 at 4.60025

short term down The short-term trend has been DOWN since May 11th, 2020 at 4.55225

Smart Scan Analysis for CNHTHB

Based on our trend formula, CNHTHB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CNHTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4738 4.4738 4.4729 4.4729 -0.0009
Prev. Close Volume Bid Ask Time
4.4738 4.4620 4.4838 2020-05-22 14:54:50
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