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Forex Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

Thai Baht/New Taiwan Dollar (FOREX:THBTWD)

Weak Uptrend (+65) - THBTWD is showing signs of weakening momentum to the upside. Monitor THBTWD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid THBTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBTWD
Open High Low THBTWD Price Change
0.8783939 0.8819690 0.8779491 0.8809252 +0.0025310
Entry Signal

MarketClub’s Trade Triangles for THBTWD

long term up The long-term trend has been UP since May 16th, 2024 at 0.8931813

intermediate term up The intermediate-term trend has been UP since May 16th, 2024 at 0.8894370

short term down The short-term trend has been DOWN since May 29th, 2024 at 0.8771097

Smart Scan Analysis for THBTWD

Based on our trend formula, THBTWD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for THBTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8783939 0.8819690 0.8779491 0.8809252 +0.0025310
Prev. Close Volume Bid Ask Time
0.8783939 2024-05-30 05:07:15
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