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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

Canadian Dollar/Thai Baht (FOREX:CADTHB)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
24.983 25.043 24.917 24.917 -0.066
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term down The long term trend has been DOWN since Oct 25th, 2017 at 26.0695

intermediate term up The intermediate term trend has been UP since Apr 4th, 2018 at 24.4455

short term down The short term trend has been DOWN since May 22nd, 2018 at 24.9495

Smart Scan Analysis for CADTHB

Based on a pre-defined weighted trend formula for chart analysis, CADTHB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CADTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.983 25.043 24.917 24.917 -0.066
Prev. Close Volume Bid Ask Time
24.983 24.900 24.934 2018-05-24 07:10:11
Want to analyze Canadian Dollar/Thai Baht CADTHB or another symbol? Try our Free Forex Trend Analysis Report.