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Forex Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
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.
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MarketClub’s Trade Triangles for CNHTHB
The long-term trend has been UP since Feb 24th, 2021 at 4.6755
The intermediate-term trend has been DOWN since Jan 19th, 2022 at 5.2121
The short-term trend has been DOWN since Jan 19th, 2022 at 5.2555
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
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.1868 | 5.1868 | 5.1868 | 5.1868 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.1868 | 2022-01-21 15:07:23 |
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