Forex Trend Analysis Report

Prepared for you on Wednesday, January 27, 2021.

Thai Baht/Chinese Yuan Renminbi (FOREX:THBCNY)

Sidelines Mode (-55) - THBCNY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.21569107	0.21635251	0.21551204	0.21619769	+0.00050700
Entry Signal

MarketClub’s Trade Triangles for THBCNY

The long-term trend has been DOWN since Sep 1st, 2020 at 0.21904711

The intermediate-term trend has been DOWN since Jan 4th, 2021 at 0.21617088

The short-term trend has been UP since Jan 27th, 2021 at 0.21627856

Smart Scan Analysis for THBCNY

Based on our trend formula, THBCNY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.21569107	0.21635251	0.21551204	0.21619769	+0.00050700
Prev. Close	Volume	Bid	Ask	Time
0.21569107				2021-01-27 20:38:38

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