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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Thai Baht/Chinese Yuan Renminbi Offshore (FOREX:THBCNH)

Bear Market Rally (-75) - THBCNH is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBCNH as it may be in the beginning 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.

FOREX_THBCNH
Open High Low THBCNH Price Change
0.19915706 0.19931303 0.19858440 0.19925424 +0.00009700
Entry Signal

MarketClub’s Trade Triangles for THBCNH

long term down The long-term trend has been DOWN since Feb 14th, 2024 at 0.19994708

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.19989125

short term up The short-term trend has been UP since Mar 21st, 2024 at 0.20080644

Smart Scan Analysis for THBCNH

Based on our trend formula, THBCNH is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for THBCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19915706 0.19931303 0.19858440 0.19925424 +0.00009700
Prev. Close Volume Bid Ask Time
0.19915706 2024-03-28 08:12:19
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