Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
New Taiwan Dollar/Thai Baht (FOREX:TWDTHB)
Weak Downtrend (-65) - TWDTHB is showing signs of a strengthening downtrend. Monitor TWDTHB as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for TWDTHB
The long-term trend has been UP since Oct 17th, 2019 at 0.9978750
The intermediate-term trend has been DOWN since May 18th, 2020 at 1.0672974
The short-term trend has been DOWN since May 29th, 2020 at 1.0594336
Smart Scan Analysis for TWDTHB
Based on our trend formula, TWDTHB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).