Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Thai Baht/Chinese Yuan Renminbi (FOREX:THBCNY)

Countertrend Up (+85) - THBCNY 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 THBCNY?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBCNY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	THBCNY Price	Change
0.20122825	0.20133520	0.20074933	0.20125997	+0.00003200
Entry Signal

MarketClub’s Trade Triangles for THBCNY

The long-term trend has been UP since Oct 31st, 2022 at 0.19214240

The intermediate-term trend has been UP since Mar 17th, 2023 at 0.20145499

The short-term trend has been DOWN since Mar 27th, 2023 at 0.19990851

Smart Scan Analysis for THBCNY

Based on our trend formula, THBCNY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.20122825	0.20133520	0.20074933	0.20125997	+0.00003200
Prev. Close	Volume	Bid	Ask	Time
0.20122825				2023-03-30 13:11:39

Get a free daily analysis and signals for Thai Baht/Chinese Yuan Renminbi (THBCNY) - Request Your Free Report.