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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Chinese Yuan Renminbi/Thai Baht (FOREX:CNYTHB)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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.

FOREX_CNYTHB
Open High Low CNYTHB Price Change
4.48795 4.50275 4.48795 4.49375 +0.00580
Entry Signal

MarketClub’s Trade Triangles for CNYTHB

long term down The long term trend has been DOWN since May 13th, 2019 at 4.60155

intermediate term up The intermediate term trend has been UP since Jul 14th, 2019 at 4.49825

short term up The short term trend has been UP since Jul 12th, 2019 at 4.48410

Smart Scan Analysis for CNYTHB

Based on a pre-defined weighted trend formula for chart analysis, CNYTHB scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CNYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.48795 4.50275 4.48795 4.49375 +0.00580
Prev. Close Volume Bid Ask Time
4.48795 4.48920 4.49830 2019-07-17 20:41:06
Want to analyze Chinese Yuan Renminbi/Thai Baht CNYTHB or another symbol? Try our Free Forex Trend Analysis Report.