Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
Chinese Yuan Renminbi/Thai Baht (FOREX:CNYTHB)
Strong Uptrend (+100) - CNYTHB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNYTHB 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 CNYTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNYTHB
The long-term trend has been UP since Jan 7th, 2020 at 4.3672982
The intermediate-term trend has been UP since Jan 2nd, 2020 at 4.3326700
The short-term trend has been UP since Feb 20th, 2020 at 4.4725477
Smart Scan Analysis for CNYTHB
Based on our trend formula, CNYTHB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).