Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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
0.20048686	0.20207358	0.20040376	0.20196100	+0.00147400
Entry Signal

MarketClub’s Trade Triangles for THBCNY

The long-term trend has been UP since Jul 5th, 2024 at 0.19899466

The intermediate-term trend has been UP since May 14th, 2024 at 0.19378034

The short-term trend has been DOWN since Jul 25th, 2024 at 0.19996976

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
0.20048686	0.20207358	0.20040376	0.20196100	+0.00147400
Prev. Close	Volume	Bid	Ask	Time
0.20048686				2024-07-26 19:31:19

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