Forex Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
Thai Baht/Canadian Dollar (FOREX:THBCAD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for THBCAD
The long term trend has been UP since Oct 25th, 2017 at 0.038355
The intermediate term trend has been UP since Sep 29th, 2017 at 0.037550
The short term trend has been UP since Nov 13th, 2017 at 0.038460
Smart Scan Analysis for THBCAD
Based on a pre-defined weighted trend formula for chart analysis, THBCAD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).