Forex Trend Analysis Report
Prepared for you on Monday, January 18, 2021.
Thai Baht/Chinese Yuan Renminbi Offshore (FOREX:THBCNH)
Bull Market Weakness (+75) - THBCNH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBCNH as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid THBCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBCNH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THBCNH
The long-term trend has been UP since Jan 14th, 2021 at 0.21939768
The intermediate-term trend has been UP since Jan 14th, 2021 at 0.21901431
The short-term trend has been UP since Jan 13th, 2021 at 0.21557505
Smart Scan Analysis for THBCNH
Based on our trend formula, THBCNH is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).