Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

Thai Baht/Canadian Dollar (FOREX:THBCAD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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_THBCAD
Open High Low THBCAD Price Change
0.039735 0.039920 0.039714 0.039714 -0.000021
Entry Signal

MarketClub’s Trade Triangles for THBCAD

long term down The long term trend has been DOWN since Jul 1st, 2018 at 0.039720

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2018 at 0.039662

short term up The short term trend has been UP since Oct 10th, 2018 at 0.039526

Smart Scan Analysis for THBCAD

Based on a pre-defined weighted trend formula for chart analysis, THBCAD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for THBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.039735 0.039920 0.039714 0.039714 -0.000021
Prev. Close Volume Bid Ask Time
0.039735 0.039701 0.039727 2018-10-15 14:47:54
Want to analyze Thai Baht/Canadian Dollar THBCAD or another symbol? Try our Free Forex Trend Analysis Report.