Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
New Zealand Dollar/Thai Baht (FOREX:NZDTHB)
Long-Term Uptrend (+90) - NZDTHB is in a strong uptrend that is likely to continue. While NZDTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NZDTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDTHB
The long-term trend has been UP since Jun 3rd, 2020 at 20.262232
The intermediate-term trend has been UP since Oct 15th, 2021 at 23.659021
The short-term trend has been UP since Oct 15th, 2021 at 23.466650
Smart Scan Analysis for NZDTHB
Based on our trend formula, NZDTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).