Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Thai Baht/Chinese Yuan Renminbi (FOREX:THBCNY)
Strong Uptrend (+100) - THBCNY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, THBCNY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
|
|||||||||||||||
|
|||||||||||||||
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 Dec 2nd, 2024 at 0.21142482
The short-term trend has been UP since Dec 20th, 2024 at 0.21338313
Smart Scan Analysis for THBCNY
Based on our trend formula, THBCNY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21323693 | 0.21360550 | 0.21296629 | 0.21341813 | +0.00018100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21323693 | 2024-12-26 06:37:29 |