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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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
26.976674 26.976674 26.946936 26.951734 -0.024940
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term up The long-term trend has been UP since Feb 8th, 2024 at 26.630518

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 26.724595

short term up The short-term trend has been UP since Mar 12th, 2024 at 26.416030

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
26.976674 26.976674 26.946936 26.951734 -0.024940
Prev. Close Volume Bid Ask Time
26.976674 2024-03-29 00:36:07
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