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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.

FOREX_CNYTHB
Open High Low CNYTHB Price Change
4.6096947 4.6096947 4.6096947 4.6096947 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CNYTHB

long term up The long-term trend has been UP since Sep 1st, 2020 at 4.5647699

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2020 at 4.6112152

short term up 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).

+65
Smart Scan Analysis for CNYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6096947 4.6096947 4.6096947 4.6096947 0.0000000
Prev. Close Volume Bid Ask Time
4.6096947 2020-11-29 14:29:57
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