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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

Thai Baht/Canadian Dollar (FOREX:THBCAD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_THBCAD
Open High Low THBCAD Price Change
0.039145 0.039155 0.039125 0.039145 0.000000
Entry Signal

MarketClub’s Trade Triangles for THBCAD

long term up The long term trend has been UP since Oct 25th, 2017 at 0.038355

intermediate term up The intermediate term trend has been UP since Jan 21st, 2018 at 0.039325

short term up The short term trend has been UP since Jan 19th, 2018 at 0.039130

Smart Scan Analysis for THBCAD

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

+100
Smart Scan Analysis for THBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.039145 0.039155 0.039125 0.039145 0.000000
Prev. Close Volume Bid Ask Time
0.039145 0.039140 0.039150 2018-01-23 02:38:13
Want to analyze Thai Baht/Canadian Dollar THBCAD or another symbol? Try our Free Forex Trend Analysis Report.