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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Canadian Dollar/Thai Baht (FOREX:CADTHB)

Bull Market Weakness (+75) - CADTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADTHB as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CADTHB?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADTHB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADTHB
Open High Low CADTHB Price Change
23.151675 23.189793 23.092644 23.150092 -0.001583
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term down The long-term trend has been DOWN since Mar 8th, 2020 at 22.684748

intermediate term up The intermediate-term trend has been UP since May 27th, 2020 at 23.194325

short term up The short-term trend has been UP since May 26th, 2020 at 22.897772

Smart Scan Analysis for CADTHB

Based on our trend formula, CADTHB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CADTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.151675 23.189793 23.092644 23.150092 -0.001583
Prev. Close Volume Bid Ask Time
23.151675 23.127132 23.173052 2020-05-28 12:37:35
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