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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canadian Dollar/Thai Baht (FOREX:CADTHB)
Strong Downtrend (-100) - CADTHB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CADTHB continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CADTHB
The long-term trend has been DOWN since Jul 16th, 2024 at 26.353421
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 26.699286
The short-term trend has been DOWN since Jul 23rd, 2024 at 26.319001
Smart Scan Analysis for CADTHB
Based on our trend formula, CADTHB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.155436 | 26.174980 | 25.951411 | 25.970845 | -0.184591 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.155436 | 2024-07-26 20:23:14 |