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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Thai Baht/New Zealand Dollar (FOREX:THBNZD)
Countertrend Up (+85) - THBNZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for THBNZD
The long-term trend has been UP since Jul 23rd, 2024 at 0.04643865
The intermediate-term trend has been UP since Nov 24th, 2024 at 0.04977303
The short-term trend has been DOWN since Feb 2nd, 2025 at 0.05225650
Smart Scan Analysis for THBNZD
Based on our trend formula, THBNZD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05237563 | 0.05247464 | 0.05231292 | 0.05242064 | +0.00004500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05237563 | 2025-02-05 09:12:40 |