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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Canadian Dollar/Thai Baht (FOREX:CADTHB)

Sidelines Mode (-55) - CADTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
25.139350 25.212330 25.037071 25.207239 +0.067889
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term down The long-term trend has been DOWN since Oct 6th, 2022 at 27.328986

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 25.215412

short term up The short-term trend has been UP since Mar 27th, 2023 at 24.985178

Smart Scan Analysis for CADTHB

Based on our trend formula, CADTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CADTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.139350 25.212330 25.037071 25.207239 +0.067889
Prev. Close Volume Bid Ask Time
25.139350 2023-03-28 21:34:05
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