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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Canadian Dollar/Thai Baht (FOREX:CADTHB)

Long-Term Uptrend (+90) - CADTHB is in a strong uptrend that is likely to continue. While CADTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
27.116682 27.120674 27.022739 27.058942 -0.057740
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term up The long-term trend has been UP since Feb 19th, 2021 at 23.759568

intermediate term up The intermediate-term trend has been UP since Sep 23rd, 2021 at 26.304140

short term up The short-term trend has been UP since Oct 15th, 2021 at 26.929486

Smart Scan Analysis for CADTHB

Based on our trend formula, CADTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.116682 27.120674 27.022739 27.058942 -0.057740
Prev. Close Volume Bid Ask Time
27.116682 2021-10-21 08:39:44
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