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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Canadian Dollar/Thai Baht (FOREX:CADTHB)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CADTHB
Open High Low CADTHB Price Change
24.503 24.559 24.474 24.544 +0.041
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term down The long term trend has been DOWN since Nov 20th, 2018 at 24.7930

intermediate term down The intermediate term trend has been DOWN since Nov 13th, 2018 at 24.8620

short term down The short term trend has been DOWN since Dec 4th, 2018 at 24.6695

Smart Scan Analysis for CADTHB

Based on a pre-defined weighted trend formula for chart analysis, CADTHB scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CADTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.503 24.559 24.474 24.544 +0.041
Prev. Close Volume Bid Ask Time
24.503 24.521 24.567 2018-12-14 14:55:57
Want to analyze Canadian Dollar/Thai Baht CADTHB or another symbol? Try our Free Forex Trend Analysis Report.