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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

Thai Baht/Canadian Dollar (FOREX:THBCAD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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
0.039619 0.039721 0.039335 0.039391 -0.000228
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 Jun 27th, 2018 at 0.040235

short term down The short term trend has been DOWN since Jul 19th, 2018 at 0.039418

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
0.039619 0.039721 0.039335 0.039391 -0.000228
Prev. Close Volume Bid Ask Time
0.039619 0.039387 0.039394 2018-07-20 18:04:29
Want to analyze Thai Baht/Canadian Dollar THBCAD or another symbol? Try our Free Forex Trend Analysis Report.