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Forex Trend Analysis Report

Prepared for you on Friday, April 20, 2018.

Thai Baht/Canadian Dollar (FOREX:THBCAD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_THBCAD
Open High Low THBCAD Price Change
0.040510 0.040620 0.040350 0.040575 +0.000065
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 down The intermediate term trend has been DOWN since Apr 4th, 2018 at 0.040910

short term up The short term trend has been UP since Apr 18th, 2018 at 0.040475

Smart Scan Analysis for THBCAD

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

+55
Smart Scan Analysis for THBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.040510 0.040620 0.040350 0.040575 +0.000065
Prev. Close Volume Bid Ask Time
0.04051 0.040570 0.040580 2018-04-20 13:16:27
Want to analyze Thai Baht/Canadian Dollar THBCAD or another symbol? Try our Free Forex Trend Analysis Report.