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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

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
23.352986 23.457528 23.316494 23.427674 +0.074688
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term down The long-term trend has been DOWN since Nov 10th, 2020 at 23.178815

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2020 at 23.451229

short term up The short-term trend has been UP since Dec 3rd, 2020 at 23.414728

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
23.352986 23.457528 23.316494 23.427674 +0.074688
Prev. Close Volume Bid Ask Time
23.352986 2020-12-03 12:31:55
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