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Forex Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

Canadian Dollar/Thai Baht (FOREX:CADTHB)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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
25.0540 25.0815 25.0400 25.0815 +0.0275
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term up The long term trend has been UP since Jul 1st, 2018 at 25.1735

intermediate term up The intermediate term trend has been UP since Sep 30th, 2018 at 25.2040

short term up The short term trend has been UP since Oct 22nd, 2018 at 25.0270

Smart Scan Analysis for CADTHB

Based on a pre-defined weighted trend formula for chart analysis, CADTHB scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for CADTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.0540 25.0815 25.0400 25.0815 +0.0275
Prev. Close Volume Bid Ask Time
25.0540 25.0580 25.1050 2018-10-24 01:32:03
Want to analyze Canadian Dollar/Thai Baht CADTHB or another symbol? Try our Free Forex Trend Analysis Report.