Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Thai Baht/New Zealand Dollar (FOREX:THBNZD)

Bear Market Rally (-75) - THBNZD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBNZD as it may be in the beginning of a reversal.

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.

Open	High	Low	THBNZD Price	Change
0.04530321	0.04552647	0.04527376	0.04547934	+0.00017600
Entry Signal

MarketClub’s Trade Triangles for THBNZD

The long-term trend has been DOWN since Oct 2nd, 2023 at 0.04533914

The intermediate-term trend has been UP since Apr 16th, 2024 at 0.04633609

The short-term trend has been DOWN since Apr 22nd, 2024 at 0.04579963

Smart Scan Analysis for THBNZD

Based on our trend formula, THBNZD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.04530321	0.04552647	0.04527376	0.04547934	+0.00017600
Prev. Close	Volume	Bid	Ask	Time
0.04530321				2024-04-26 09:45:08

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