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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
New Taiwan Dollar/Thai Baht (FOREX:TWDTHB)
Bear Market Rally (-75) - TWDTHB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TWDTHB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TWDTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDTHB.
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 TWDTHB
The long-term trend has been DOWN since May 16th, 2024 at 1.1247954
The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 1.0510416
The short-term trend has been UP since Feb 2nd, 2025 at 1.0302121
Smart Scan Analysis for TWDTHB
Based on our trend formula, TWDTHB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0279077 | 1.0311647 | 1.0217452 | 1.0261490 | -0.0017590 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0279077 | 2025-02-04 23:38:59 |