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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Thai Baht/Chinese Renminbi Yuan (FOREX:THBCNY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_THBCNY
Open High Low THBCNY Price Change
0.215050 0.215265 0.214915 0.214915 -0.000135
Entry Signal

MarketClub’s Trade Triangles for THBCNY

long term up The long term trend has been UP since Jul 18th, 2018 at 0.202260

intermediate term up The intermediate term trend has been UP since Dec 20th, 2018 at 0.211540

short term down The short term trend has been DOWN since Feb 20th, 2019 at 0.215845

Smart Scan Analysis for THBCNY

Based on a pre-defined weighted trend formula for chart analysis, THBCNY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for THBCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.215050 0.215265 0.214915 0.214915 -0.000135
Prev. Close Volume Bid Ask Time
0.215050 0.214850 0.214980 2019-02-22 03:58:09
Want to analyze Thai Baht/Chinese Renminbi Yuan THBCNY or another symbol? Try our Free Forex Trend Analysis Report.