Forex Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Thai Baht/New Zealand Dollar (FOREX:THBNZD)
Weak Downtrend (-65) - THBNZD is showing signs of a strengthening downtrend. Monitor THBNZD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid THBNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THBNZD
The long-term trend has been DOWN since Jun 2nd, 2020 at 0.04939858
The intermediate-term trend has been DOWN since Jul 5th, 2020 at 0.04915632
The short-term trend has been DOWN since Aug 6th, 2020 at 0.04822288
Smart Scan Analysis for THBNZD
Based on our trend formula, THBNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).