Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

Canadian Dollar/Thai Baht (FOREX:CADTHB)

Weak Downtrend (-65) - CADTHB is showing signs of a strengthening downtrend. Monitor CADTHB as it may be building momentum to the downside.

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
24.516208 24.518288 24.447286 24.509182 -0.007026
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term down The long-term trend has been DOWN since Jul 16th, 2024 at 26.353421

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 24.621244

short term down The short-term trend has been DOWN since Nov 24th, 2024 at 24.640965

Smart Scan Analysis for CADTHB

Based on our trend formula, CADTHB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CADTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.516208 24.518288 24.447286 24.509182 -0.007026
Prev. Close Volume Bid Ask Time
24.516208 2024-12-03 04:18:32
Get a free daily analysis and signals for Canadian Dollar/Thai Baht (CADTHB) - Request Your Free Report.