Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
Chinese Yuan Renminbi/Thai Baht (FOREX:CNYTHB)
Weak Uptrend (+65) - CNYTHB is showing signs of weakening momentum to the upside. Monitor CNYTHB as it may be in the beginning stages of a reversal.
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 Sep 1st, 2020 at 4.5647699
The intermediate-term trend has been DOWN since Nov 6th, 2020 at 4.6112152
The short-term trend has been UP since Nov 24th, 2020 at 4.6228714
Smart Scan Analysis for CNYTHB
Based on our trend formula, CNYTHB is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).