Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
Thai Baht/Chinese Yuan Renminbi Offshore (FOREX:THBCNH)
Countertrend Up (+85) - THBCNH is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Jul 11th, 2024 at 0.20193359
The intermediate-term trend has been UP since Dec 2nd, 2024 at 0.21174820
The short-term trend has been DOWN since Dec 12th, 2024 at 0.21399075
Smart Scan Analysis for THBCNH
Based on our trend formula, THBCNH is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21307423 | 0.21307423 | 0.21307423 | 0.21307423 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21307423 | 2024-12-21 06:23:56 |